FORM ADV UNIFORM APPLICATION FOR INVESTMENT ADVISER REGISTRATION AND REPORT BY EXEMPT REPORTING ADVISERS Primary Business Name: NOTION CAPITAL CRD Number: 30108

Notion Capital


Annual Amendment – All Sections Rev. 03/2020
4/23/2020 10:38:35 AM
WARNING: Complete this form truthfully. False statements or omissions may result in denial of your application, revocation of your registration, or criminal prosecution. You must
keep this form updated by filing periodic amendments. See Form ADV General Instruction 4.
Item 1 Identifying Information
Responses to this Item tell us who you are, where you are doing business, and how we can contact you. If you are filing an umbrella registration, the information in Item 1 should be
provided for the filing adviser only. General Instruction 5 provides information to assist you with filing an umbrella registration.
A. Your full legal name (if you are a sole proprietor, your last, first, and middle names):
NOTION CAPITAL MANAGERS LLP
B. (1) Name under which you primarily conduct your advisory business, if different from Item 1.A.
NOTION CAPITAL
List on Section 1.B. of Schedule D any additional names under which you conduct your advisory business.
(2) If you are using this Form ADV to register more than one investment adviser under an umbrella registration, check this box
If you check this box, complete a Schedule R for each relying adviser.
C. If this filing is reporting a change in your legal name (Item 1.A.) or primary business name (Item 1.B.(1)), enter the new name and specify whether the name change is of
your legal name or your primary business name:
D. (1) If you are registered with the SEC as an investment adviser, your SEC file number:
(2) If you report to the SEC as an exempt reporting adviser, your SEC file number: 802-117151
(3) If you have one or more Central Index Key numbers assigned by the SEC (“CIK Numbers”), all of your CIK numbers:
No Information Filed
E. (1) If you have a number (“CRD Number”) assigned by the FINRA’s CRD system or by the IARD system, your CRD number: 301084
If your firm does not have a CRD number, skip this Item 1.E. Do not provide the CRD number of one of your officers, employees, or affiliates.
(2) If you have additional CRD Numbers, your additional CRD numbers:
No Information Filed
F. Principal Office and Place of Business
(1) Address (do not use a P.O. Box):
Number and Street 1:
91 WIMPOLE STREET
Number and Street 2:
City:
LONDON
State: Country:
United Kingdom
ZIP+4/Postal Code:
W1G 0EF
If this address is a private residence, check this box:
List on Section 1.F. of Schedule D any office, other than your principal office and place of business, at which you conduct investment advisory business. If you are applying for
registration, or are registered, with one or more state securities authorities, you must list all of your offices in the state or states to which you are applying for registration or with
whom you are registered. If you are applying for SEC registration, if you are registered only with the SEC, or if you are reporting to the SEC as an exempt reporting adviser, list
the largest twenty-five offices in terms of numbers of employees as of the end of your most recently completed fiscal year.
(2) Days of week that you normally conduct business at your principal office and place of business:
Monday – Friday Other:
Normal business hours at this location:
09:00 – 17:30
(3) Telephone number at this location:
+447919881986
(4) Facsimile number at this location, if any:
(5) What is the total number of offices, other than your principal office and place of business, at which you conduct investment advisory business as of the end of your most
recently completed fiscal year?
0
FORM ADV
UNIFORM APPLICATION FOR INVESTMENT ADVISER REGISTRATION AND REPORT BY EXEMPT REPORTING ADVISERS
Primary Business Name: NOTION CAPITAL CRD Number: 301084
Annual Amendment – All Sections Rev. 03/2020
4/23/2020 10:38:35 AM
WARNING: Complete this form truthfully. False statements or omissions may result in denial of your application, revocation of your registration, or criminal prosecution. You must
keep this form updated by filing periodic amendments. See Form ADV General Instruction 4.
Item 1 Identifying Information
Responses to this Item tell us who you are, where you are doing business, and how we can contact you. If you are filing an umbrella registration, the information in Item 1 should be
provided for the filing adviser only. General Instruction 5 provides information to assist you with filing an umbrella registration.
A. Your full legal name (if you are a sole proprietor, your last, first, and middle names):
NOTION CAPITAL MANAGERS LLP
B. (1) Name under which you primarily conduct your advisory business, if different from Item 1.A.
NOTION CAPITAL
List on Section 1.B. of Schedule D any additional names under which you conduct your advisory business.
(2) If you are using this Form ADV to register more than one investment adviser under an umbrella registration, check this box
If you check this box, complete a Schedule R for each relying adviser.
C. If this filing is reporting a change in your legal name (Item 1.A.) or primary business name (Item 1.B.(1)), enter the new name and specify whether the name change is of
your legal name or your primary business name:
D. (1) If you are registered with the SEC as an investment adviser, your SEC file number:
(2) If you report to the SEC as an exempt reporting adviser, your SEC file number: 802-117151
(3) If you have one or more Central Index Key numbers assigned by the SEC (“CIK Numbers”), all of your CIK numbers:
No Information Filed
E. (1) If you have a number (“CRD Number”) assigned by the FINRA’s CRD system or by the IARD system, your CRD number: 301084
If your firm does not have a CRD number, skip this Item 1.E. Do not provide the CRD number of one of your officers, employees, or affiliates.
(2) If you have additional CRD Numbers, your additional CRD numbers:
No Information Filed
F. Principal Office and Place of Business
(1) Address (do not use a P.O. Box):
Number and Street 1:
91 WIMPOLE STREET
Number and Street 2:
City:
LONDON
State: Country:
United Kingdom
ZIP+4/Postal Code:
W1G 0EF
If this address is a private residence, check this box:
List on Section 1.F. of Schedule D any office, other than your principal office and place of business, at which you conduct investment advisory business. If you are applying for
registration, or are registered, with one or more state securities authorities, you must list all of your offices in the state or states to which you are applying for registration or with
whom you are registered. If you are applying for SEC registration, if you are registered only with the SEC, or if you are reporting to the SEC as an exempt reporting adviser, list
the largest twenty-five offices in terms of numbers of employees as of the end of your most recently completed fiscal year.
(2) Days of week that you normally conduct business at your principal office and place of business:
Monday – Friday Other:
Normal business hours at this location:
09:00 – 17:30
(3) Telephone number at this location:
+447919881986
(4) Facsimile number at this location, if any:
(5) What is the total number of offices, other than your principal office and place of business, at which you conduct investment advisory business as of the end of your most
recently completed fiscal year?
0
G. Mailing address, if different from your principal office and place of business address:
Number and Street 1: Number and Street 2:
City: State: Country: ZIP+4/Postal Code:
If this address is a private residence, check this box:
H. If you are a sole proprietor, state your full residence address, if different from your principal office and place of business address in Item 1.F.:
Number and Street 1: Number and Street 2:
City: State: Country: ZIP+4/Postal Code:
Yes No
I. Do you have one or more websites or accounts on publicly available social media platforms (including, but not limited to, Twitter, Facebook and LinkedIn)?
If “yes,” list all firm website addresses and the address for each of the firm’s accounts on publicly available social media platforms on Section 1.I. of Schedule D. If a website
address serves as a portal through which to access other information you have published on the web, you may list the portal without listing addresses for all of the other
information. You may need to list more than one portal address. Do not provide the addresses of websites or accounts on publicly available social media platforms where you do
not control the content. Do not provide the individual electronic mail (e-mail) addresses of employees or the addresses of employee accounts on publicly available social media
platforms.
J. Chief Compliance Officer
(1) Provide the name and contact information of your Chief Compliance Officer. If you are an exempt reporting adviser, you must provide the contact information for your Chief
Compliance Officer, if you have one. If not, you must complete Item 1.K. below.
Name: Other titles, if any:
Telephone number: Facsimile number, if any:
Number and Street 1: Number and Street 2:
City: State: Country: ZIP+4/Postal Code:
Electronic mail (e-mail) address, if Chief Compliance Officer has one:
(2) If your Chief Compliance Officer is compensated or employed by any person other than you, a related person or an investment company registered under the Investment
Company Act of 1940 that you advise for providing chief compliance officer services to you, provide the person’s name and IRS Employer Identification Number (if any):
Name:
IRS Employer Identification Number:
K. Additional Regulatory Contact Person: If a person other than the Chief Compliance Officer is authorized to receive information and respond to questions about this Form ADV, you
may provide that information here.
Name: Titles:
Telephone number: Facsimile number, if any:
Number and Street 1: Number and Street 2:
City: State: Country: ZIP+4/Postal Code:
Electronic mail (e-mail) address, if contact person has one:
Yes No
L. Do you maintain some or all of the books and records you are required to keep under Section 204 of the Advisers Act, or similar state law, somewhere other than your
principal office and place of business?
If “yes,” complete Section 1.L. of Schedule D.
Yes No
M. Are you registered with a foreign financial regulatory authority?
Answer “no” if you are not registered with a foreign financial regulatory authority, even if you have an affiliate that is registered with a foreign financial regulatory authority. If “yes,”
complete Section 1.M. of Schedule D.
Yes No
N. Are you a public reporting company under Sections 12 or 15(d) of the Securities Exchange Act of 1934?
Yes No
O. Did you have $1 billion or more in assets on the last day of your most recent fiscal year?
If yes, what is the approximate amount of your assets:
$1 billion to less than $10 billion
$10 billion to less than $50 billion
$50 billion or more
FORM ADV
UNIFORM APPLICATION FOR INVESTMENT ADVISER REGISTRATION AND REPORT BY EXEMPT REPORTING ADVISERS
Primary Business Name: NOTION CAPITAL CRD Number: 301084
Annual Amendment – All Sections Rev. 03/2020
4/23/2020 10:38:35 AM
WARNING: Complete this form truthfully. False statements or omissions may result in denial of your application, revocation of your registration, or criminal prosecution. You must
keep this form updated by filing periodic amendments. See Form ADV General Instruction 4.
Item 1 Identifying Information
Responses to this Item tell us who you are, where you are doing business, and how we can contact you. If you are filing an umbrella registration, the information in Item 1 should be
provided for the filing adviser only. General Instruction 5 provides information to assist you with filing an umbrella registration.
A. Your full legal name (if you are a sole proprietor, your last, first, and middle names):
NOTION CAPITAL MANAGERS LLP
B. (1) Name under which you primarily conduct your advisory business, if different from Item 1.A.
NOTION CAPITAL
List on Section 1.B. of Schedule D any additional names under which you conduct your advisory business.
(2) If you are using this Form ADV to register more than one investment adviser under an umbrella registration, check this box
If you check this box, complete a Schedule R for each relying adviser.
C. If this filing is reporting a change in your legal name (Item 1.A.) or primary business name (Item 1.B.(1)), enter the new name and specify whether the name change is of
your legal name or your primary business name:
D. (1) If you are registered with the SEC as an investment adviser, your SEC file number:
(2) If you report to the SEC as an exempt reporting adviser, your SEC file number: 802-117151
(3) If you have one or more Central Index Key numbers assigned by the SEC (“CIK Numbers”), all of your CIK numbers:
No Information Filed
E. (1) If you have a number (“CRD Number”) assigned by the FINRA’s CRD system or by the IARD system, your CRD number: 301084
If your firm does not have a CRD number, skip this Item 1.E. Do not provide the CRD number of one of your officers, employees, or affiliates.
(2) If you have additional CRD Numbers, your additional CRD numbers:
No Information Filed
F. Principal Office and Place of Business
(1) Address (do not use a P.O. Box):
Number and Street 1:
91 WIMPOLE STREET
Number and Street 2:
City:
LONDON
State: Country:
United Kingdom
ZIP+4/Postal Code:
W1G 0EF
If this address is a private residence, check this box:
List on Section 1.F. of Schedule D any office, other than your principal office and place of business, at which you conduct investment advisory business. If you are applying for
registration, or are registered, with one or more state securities authorities, you must list all of your offices in the state or states to which you are applying for registration or with
whom you are registered. If you are applying for SEC registration, if you are registered only with the SEC, or if you are reporting to the SEC as an exempt reporting adviser, list
the largest twenty-five offices in terms of numbers of employees as of the end of your most recently completed fiscal year.
(2) Days of week that you normally conduct business at your principal office and place of business:
Monday – Friday Other:
Normal business hours at this location:
09:00 – 17:30
(3) Telephone number at this location:
+447919881986
(4) Facsimile number at this location, if any:
(5) What is the total number of offices, other than your principal office and place of business, at which you conduct investment advisory business as of the end of your most
recently completed fiscal year?
0
G. Mailing address, if different from your principal office and place of business address:
Number and Street 1: Number and Street 2:
City: State: Country: ZIP+4/Postal Code:
If this address is a private residence, check this box:
H. If you are a sole proprietor, state your full residence address, if different from your principal office and place of business address in Item 1.F.:
Number and Street 1: Number and Street 2:
City: State: Country: ZIP+4/Postal Code:
Yes No
I. Do you have one or more websites or accounts on publicly available social media platforms (including, but not limited to, Twitter, Facebook and LinkedIn)?
If “yes,” list all firm website addresses and the address for each of the firm’s accounts on publicly available social media platforms on Section 1.I. of Schedule D. If a website
address serves as a portal through which to access other information you have published on the web, you may list the portal without listing addresses for all of the other
information. You may need to list more than one portal address. Do not provide the addresses of websites or accounts on publicly available social media platforms where you do
not control the content. Do not provide the individual electronic mail (e-mail) addresses of employees or the addresses of employee accounts on publicly available social media
platforms.
J. Chief Compliance Officer
(1) Provide the name and contact information of your Chief Compliance Officer. If you are an exempt reporting adviser, you must provide the contact information for your Chief
Compliance Officer, if you have one. If not, you must complete Item 1.K. below.
Name: Other titles, if any:
Telephone number: Facsimile number, if any:
Number and Street 1: Number and Street 2:
City: State: Country: ZIP+4/Postal Code:
Electronic mail (e-mail) address, if Chief Compliance Officer has one:
(2) If your Chief Compliance Officer is compensated or employed by any person other than you, a related person or an investment company registered under the Investment
Company Act of 1940 that you advise for providing chief compliance officer services to you, provide the person’s name and IRS Employer Identification Number (if any):
Name:
IRS Employer Identification Number:
K. Additional Regulatory Contact Person: If a person other than the Chief Compliance Officer is authorized to receive information and respond to questions about this Form ADV, you
may provide that information here.
Name: Titles:
Telephone number: Facsimile number, if any:
Number and Street 1: Number and Street 2:
City: State: Country: ZIP+4/Postal Code:
Electronic mail (e-mail) address, if contact person has one:
Yes No
L. Do you maintain some or all of the books and records you are required to keep under Section 204 of the Advisers Act, or similar state law, somewhere other than your
principal office and place of business?
If “yes,” complete Section 1.L. of Schedule D.
Yes No
M. Are you registered with a foreign financial regulatory authority?
Answer “no” if you are not registered with a foreign financial regulatory authority, even if you have an affiliate that is registered with a foreign financial regulatory authority. If “yes,”
complete Section 1.M. of Schedule D.
Yes No
N. Are you a public reporting company under Sections 12 or 15(d) of the Securities Exchange Act of 1934?
Yes No
O. Did you have $1 billion or more in assets on the last day of your most recent fiscal year?
If yes, what is the approximate amount of your assets:
$1 billion to less than $10 billion
$10 billion to less than $50 billion
$50 billion or more
For purposes of Item 1.O. only, “assets” refers to your total assets, rather than the assets you manage on behalf of clients. Determine your total assets using the total assets shown
on the balance sheet for your most recent fiscal year end.
P. Provide your Legal Entity Identifier if you have one:
A legal entity identifier is a unique number that companies use to identify each other in the financial marketplace. You may not have a legal entity identifier.
SECTION 1.B. Other Business Names
No Information Filed
SECTION 1.F. Other Offices
No Information Filed
SECTION 1.I. Website Addresses
List your website addresses, including addresses for accounts on publicly available social media platforms where you control the content (including, but not limited to, Twitter,
Facebook and/or LinkedIn). You must complete a separate Schedule D Section 1.I. for each website or account on a publicly available social media platform.
Address of Website/Account on Publicly Available Social Media Platform: https://notion.vc/
SECTION 1.L. Location of Books and Records
No Information Filed
SECTION 1.M. Registration with Foreign Financial Regulatory Authorities
List the name and country, in English, of each foreign financial regulatory authority with which you are registered. You must complete a separate Schedule D Section 1.M. for each
foreign financial regulatory authority with whom you are registered.
Name of Country/Foreign Financial Regulatory Authority:
United Kingdom – Financial Conduct Authority
Other:
Item 2 SEC Registration/Reporting
SEC Reporting by Exempt Reporting Advisers
B. Complete this Item 2.B. only if you are reporting to the SEC as an exempt reporting adviser. Check all that apply. You:
(1) qualify for the exemption from registration as an adviser solely to one or more venture capital funds, as defined in rule 203(l)-1;
(2) qualify for the exemption from registration because you act solely as an adviser to private funds and have assets under management, as defined in rule 203(m)-1, in the
United States of less than $150 million;
(3) act solely as an adviser to private funds but you are no longer eligible to check box 2.B.(2) because you have assets under management, as defined in rule 203(m)-1, in
the United States of $150 million or more.
If you check box (2) or (3), complete Section 2.B. of Schedule D.
SECTION 2.B. Private Fund Assets
If you check Item 2.B.(2) or (3), what is the amount of the private fund assets that you manage? $ 321002333
NOTE: “Private fund assets” has the same meaning here as it has under rule 203(m)-1. If you are an investment adviser with its principal office and place of business outside the
United States only include private fund assets that you manage at a place of business in the United States.
FORM ADV
UNIFORM APPLICATION FOR INVESTMENT ADVISER REGISTRATION AND REPORT BY EXEMPT REPORTING ADVISERS
Primary Business Name: NOTION CAPITAL CRD Number: 301084
Annual Amendment – All Sections Rev. 03/2020
4/23/2020 10:38:35 AM
WARNING: Complete this form truthfully. False statements or omissions may result in denial of your application, revocation of your registration, or criminal prosecution. You must
keep this form updated by filing periodic amendments. See Form ADV General Instruction 4.
Item 1 Identifying Information
Responses to this Item tell us who you are, where you are doing business, and how we can contact you. If you are filing an umbrella registration, the information in Item 1 should be
provided for the filing adviser only. General Instruction 5 provides information to assist you with filing an umbrella registration.
A. Your full legal name (if you are a sole proprietor, your last, first, and middle names):
NOTION CAPITAL MANAGERS LLP
B. (1) Name under which you primarily conduct your advisory business, if different from Item 1.A.
NOTION CAPITAL
List on Section 1.B. of Schedule D any additional names under which you conduct your advisory business.
(2) If you are using this Form ADV to register more than one investment adviser under an umbrella registration, check this box
If you check this box, complete a Schedule R for each relying adviser.
C. If this filing is reporting a change in your legal name (Item 1.A.) or primary business name (Item 1.B.(1)), enter the new name and specify whether the name change is of
your legal name or your primary business name:
D. (1) If you are registered with the SEC as an investment adviser, your SEC file number:
(2) If you report to the SEC as an exempt reporting adviser, your SEC file number: 802-117151
(3) If you have one or more Central Index Key numbers assigned by the SEC (“CIK Numbers”), all of your CIK numbers:
No Information Filed
E. (1) If you have a number (“CRD Number”) assigned by the FINRA’s CRD system or by the IARD system, your CRD number: 301084
If your firm does not have a CRD number, skip this Item 1.E. Do not provide the CRD number of one of your officers, employees, or affiliates.
(2) If you have additional CRD Numbers, your additional CRD numbers:
No Information Filed
F. Principal Office and Place of Business
(1) Address (do not use a P.O. Box):
Number and Street 1:
91 WIMPOLE STREET
Number and Street 2:
City:
LONDON
State: Country:
United Kingdom
ZIP+4/Postal Code:
W1G 0EF
If this address is a private residence, check this box:
List on Section 1.F. of Schedule D any office, other than your principal office and place of business, at which you conduct investment advisory business. If you are applying for
registration, or are registered, with one or more state securities authorities, you must list all of your offices in the state or states to which you are applying for registration or with
whom you are registered. If you are applying for SEC registration, if you are registered only with the SEC, or if you are reporting to the SEC as an exempt reporting adviser, list
the largest twenty-five offices in terms of numbers of employees as of the end of your most recently completed fiscal year.
(2) Days of week that you normally conduct business at your principal office and place of business:
Monday – Friday Other:
Normal business hours at this location:
09:00 – 17:30
(3) Telephone number at this location:
+447919881986
(4) Facsimile number at this location, if any:
(5) What is the total number of offices, other than your principal office and place of business, at which you conduct investment advisory business as of the end of your most
recently completed fiscal year?
0
G. Mailing address, if different from your principal office and place of business address:
Number and Street 1: Number and Street 2:
City: State: Country: ZIP+4/Postal Code:
If this address is a private residence, check this box:
H. If you are a sole proprietor, state your full residence address, if different from your principal office and place of business address in Item 1.F.:
Number and Street 1: Number and Street 2:
City: State: Country: ZIP+4/Postal Code:
Yes No
I. Do you have one or more websites or accounts on publicly available social media platforms (including, but not limited to, Twitter, Facebook and LinkedIn)?
If “yes,” list all firm website addresses and the address for each of the firm’s accounts on publicly available social media platforms on Section 1.I. of Schedule D. If a website
address serves as a portal through which to access other information you have published on the web, you may list the portal without listing addresses for all of the other
information. You may need to list more than one portal address. Do not provide the addresses of websites or accounts on publicly available social media platforms where you do
not control the content. Do not provide the individual electronic mail (e-mail) addresses of employees or the addresses of employee accounts on publicly available social media
platforms.
J. Chief Compliance Officer
(1) Provide the name and contact information of your Chief Compliance Officer. If you are an exempt reporting adviser, you must provide the contact information for your Chief
Compliance Officer, if you have one. If not, you must complete Item 1.K. below.
Name: Other titles, if any:
Telephone number: Facsimile number, if any:
Number and Street 1: Number and Street 2:
City: State: Country: ZIP+4/Postal Code:
Electronic mail (e-mail) address, if Chief Compliance Officer has one:
(2) If your Chief Compliance Officer is compensated or employed by any person other than you, a related person or an investment company registered under the Investment
Company Act of 1940 that you advise for providing chief compliance officer services to you, provide the person’s name and IRS Employer Identification Number (if any):
Name:
IRS Employer Identification Number:
K. Additional Regulatory Contact Person: If a person other than the Chief Compliance Officer is authorized to receive information and respond to questions about this Form ADV, you
may provide that information here.
Name: Titles:
Telephone number: Facsimile number, if any:
Number and Street 1: Number and Street 2:
City: State: Country: ZIP+4/Postal Code:
Electronic mail (e-mail) address, if contact person has one:
Yes No
L. Do you maintain some or all of the books and records you are required to keep under Section 204 of the Advisers Act, or similar state law, somewhere other than your
principal office and place of business?
If “yes,” complete Section 1.L. of Schedule D.
Yes No
M. Are you registered with a foreign financial regulatory authority?
Answer “no” if you are not registered with a foreign financial regulatory authority, even if you have an affiliate that is registered with a foreign financial regulatory authority. If “yes,”
complete Section 1.M. of Schedule D.
Yes No
N. Are you a public reporting company under Sections 12 or 15(d) of the Securities Exchange Act of 1934?
Yes No
O. Did you have $1 billion or more in assets on the last day of your most recent fiscal year?
If yes, what is the approximate amount of your assets:
$1 billion to less than $10 billion
$10 billion to less than $50 billion
$50 billion or more
For purposes of Item 1.O. only, “assets” refers to your total assets, rather than the assets you manage on behalf of clients. Determine your total assets using the total assets shown
on the balance sheet for your most recent fiscal year end.
P. Provide your Legal Entity Identifier if you have one:
A legal entity identifier is a unique number that companies use to identify each other in the financial marketplace. You may not have a legal entity identifier.
SECTION 1.B. Other Business Names
No Information Filed
SECTION 1.F. Other Offices
No Information Filed
SECTION 1.I. Website Addresses
List your website addresses, including addresses for accounts on publicly available social media platforms where you control the content (including, but not limited to, Twitter,
Facebook and/or LinkedIn). You must complete a separate Schedule D Section 1.I. for each website or account on a publicly available social media platform.
Address of Website/Account on Publicly Available Social Media Platform: https://notion.vc/
SECTION 1.L. Location of Books and Records
No Information Filed
SECTION 1.M. Registration with Foreign Financial Regulatory Authorities
List the name and country, in English, of each foreign financial regulatory authority with which you are registered. You must complete a separate Schedule D Section 1.M. for each
foreign financial regulatory authority with whom you are registered.
Name of Country/Foreign Financial Regulatory Authority:
United Kingdom – Financial Conduct Authority
Other:
Item 2 SEC Registration/Reporting
SEC Reporting by Exempt Reporting Advisers
B. Complete this Item 2.B. only if you are reporting to the SEC as an exempt reporting adviser. Check all that apply. You:
(1) qualify for the exemption from registration as an adviser solely to one or more venture capital funds, as defined in rule 203(l)-1;
(2) qualify for the exemption from registration because you act solely as an adviser to private funds and have assets under management, as defined in rule 203(m)-1, in the
United States of less than $150 million;
(3) act solely as an adviser to private funds but you are no longer eligible to check box 2.B.(2) because you have assets under management, as defined in rule 203(m)-1, in
the United States of $150 million or more.
If you check box (2) or (3), complete Section 2.B. of Schedule D.
SECTION 2.B. Private Fund Assets
If you check Item 2.B.(2) or (3), what is the amount of the private fund assets that you manage? $ 321002333
NOTE: “Private fund assets” has the same meaning here as it has under rule 203(m)-1. If you are an investment adviser with its principal office and place of business outside the
United States only include private fund assets that you manage at a place of business in the United States.
Item 3 Form of Organization
If you are filing an umbrella registration, the information in Item 3 should be provided for the filing adviser only.
A. How are you organized?
Corporation
Sole Proprietorship
Limited Liability Partnership (LLP)
Partnership
Limited Liability Company (LLC)
Limited Partnership (LP)
Other (specify):
If you are changing your response to this Item, see Part 1A Instruction 4.
B. In what month does your fiscal year end each year?
MARCH
C. Under the laws of what state or country are you organized?
State Country
United Kingdom
If you are a partnership, provide the name of the state or country under whose laws your partnership was formed. If you are a sole proprietor, provide the name of the state or
country where you reside.
If you are changing your response to this Item, see Part 1A Instruction 4.
Item 6 Other Business Activities
In this Item, we request information about your firm’s other business activities.
A. You are actively engaged in business as a (check all that apply):
(1) broker-dealer (registered or unregistered)
(2) registered representative of a broker-dealer
(3) commodity pool operator or commodity trading advisor (whether registered or exempt from registration)
(4) futures commission merchant
(5) real estate broker, dealer, or agent
(6) insurance broker or agent
(7) bank (including a separately identifiable department or division of a bank)
(8) trust company
(9) registered municipal advisor
(10) registered security-based swap dealer
(11) major security-based swap participant
(12) accountant or accounting firm
(13) lawyer or law firm
(14) other financial product salesperson (specify):
If you engage in other business using a name that is different from the names reported in Items 1.A. or 1.B.(1), complete Section 6.A. of Schedule D.
Yes No
B. (1) Are you actively engaged in any other business not listed in Item 6.A. (other than giving investment advice)?
(2) If yes, is this other business your primary business?
If “yes,” describe this other business on Section 6.B.(2) of Schedule D, and if you engage in this business under a different name, provide that name.
Yes No
(3) Do you sell products or provide services other than investment advice to your advisory clients?
If “yes,” describe this other business on Section 6.B.(3) of Schedule D, and if you engage in this business under a different name, provide that name.
SECTION 6.A. Names of Your Other Businesses
No Information Filed
SECTION 6.B.(2) Description of Primary Business
Describe your primary business (not your investment advisory business):
FORM ADV
UNIFORM APPLICATION FOR INVESTMENT ADVISER REGISTRATION AND REPORT BY EXEMPT REPORTING ADVISERS
Primary Business Name: NOTION CAPITAL CRD Number: 301084
Annual Amendment – All Sections Rev. 03/2020
4/23/2020 10:38:35 AM
WARNING: Complete this form truthfully. False statements or omissions may result in denial of your application, revocation of your registration, or criminal prosecution. You must
keep this form updated by filing periodic amendments. See Form ADV General Instruction 4.
Item 1 Identifying Information
Responses to this Item tell us who you are, where you are doing business, and how we can contact you. If you are filing an umbrella registration, the information in Item 1 should be
provided for the filing adviser only. General Instruction 5 provides information to assist you with filing an umbrella registration.
A. Your full legal name (if you are a sole proprietor, your last, first, and middle names):
NOTION CAPITAL MANAGERS LLP
B. (1) Name under which you primarily conduct your advisory business, if different from Item 1.A.
NOTION CAPITAL
List on Section 1.B. of Schedule D any additional names under which you conduct your advisory business.
(2) If you are using this Form ADV to register more than one investment adviser under an umbrella registration, check this box
If you check this box, complete a Schedule R for each relying adviser.
C. If this filing is reporting a change in your legal name (Item 1.A.) or primary business name (Item 1.B.(1)), enter the new name and specify whether the name change is of
your legal name or your primary business name:
D. (1) If you are registered with the SEC as an investment adviser, your SEC file number:
(2) If you report to the SEC as an exempt reporting adviser, your SEC file number: 802-117151
(3) If you have one or more Central Index Key numbers assigned by the SEC (“CIK Numbers”), all of your CIK numbers:
No Information Filed
E. (1) If you have a number (“CRD Number”) assigned by the FINRA’s CRD system or by the IARD system, your CRD number: 301084
If your firm does not have a CRD number, skip this Item 1.E. Do not provide the CRD number of one of your officers, employees, or affiliates.
(2) If you have additional CRD Numbers, your additional CRD numbers:
No Information Filed
F. Principal Office and Place of Business
(1) Address (do not use a P.O. Box):
Number and Street 1:
91 WIMPOLE STREET
Number and Street 2:
City:
LONDON
State: Country:
United Kingdom
ZIP+4/Postal Code:
W1G 0EF
If this address is a private residence, check this box:
List on Section 1.F. of Schedule D any office, other than your principal office and place of business, at which you conduct investment advisory business. If you are applying for
registration, or are registered, with one or more state securities authorities, you must list all of your offices in the state or states to which you are applying for registration or with
whom you are registered. If you are applying for SEC registration, if you are registered only with the SEC, or if you are reporting to the SEC as an exempt reporting adviser, list
the largest twenty-five offices in terms of numbers of employees as of the end of your most recently completed fiscal year.
(2) Days of week that you normally conduct business at your principal office and place of business:
Monday – Friday Other:
Normal business hours at this location:
09:00 – 17:30
(3) Telephone number at this location:
+447919881986
(4) Facsimile number at this location, if any:
(5) What is the total number of offices, other than your principal office and place of business, at which you conduct investment advisory business as of the end of your most
recently completed fiscal year?
0
G. Mailing address, if different from your principal office and place of business address:
Number and Street 1: Number and Street 2:
City: State: Country: ZIP+4/Postal Code:
If this address is a private residence, check this box:
H. If you are a sole proprietor, state your full residence address, if different from your principal office and place of business address in Item 1.F.:
Number and Street 1: Number and Street 2:
City: State: Country: ZIP+4/Postal Code:
Yes No
I. Do you have one or more websites or accounts on publicly available social media platforms (including, but not limited to, Twitter, Facebook and LinkedIn)?
If “yes,” list all firm website addresses and the address for each of the firm’s accounts on publicly available social media platforms on Section 1.I. of Schedule D. If a website
address serves as a portal through which to access other information you have published on the web, you may list the portal without listing addresses for all of the other
information. You may need to list more than one portal address. Do not provide the addresses of websites or accounts on publicly available social media platforms where you do
not control the content. Do not provide the individual electronic mail (e-mail) addresses of employees or the addresses of employee accounts on publicly available social media
platforms.
J. Chief Compliance Officer
(1) Provide the name and contact information of your Chief Compliance Officer. If you are an exempt reporting adviser, you must provide the contact information for your Chief
Compliance Officer, if you have one. If not, you must complete Item 1.K. below.
Name: Other titles, if any:
Telephone number: Facsimile number, if any:
Number and Street 1: Number and Street 2:
City: State: Country: ZIP+4/Postal Code:
Electronic mail (e-mail) address, if Chief Compliance Officer has one:
(2) If your Chief Compliance Officer is compensated or employed by any person other than you, a related person or an investment company registered under the Investment
Company Act of 1940 that you advise for providing chief compliance officer services to you, provide the person’s name and IRS Employer Identification Number (if any):
Name:
IRS Employer Identification Number:
K. Additional Regulatory Contact Person: If a person other than the Chief Compliance Officer is authorized to receive information and respond to questions about this Form ADV, you
may provide that information here.
Name: Titles:
Telephone number: Facsimile number, if any:
Number and Street 1: Number and Street 2:
City: State: Country: ZIP+4/Postal Code:
Electronic mail (e-mail) address, if contact person has one:
Yes No
L. Do you maintain some or all of the books and records you are required to keep under Section 204 of the Advisers Act, or similar state law, somewhere other than your
principal office and place of business?
If “yes,” complete Section 1.L. of Schedule D.
Yes No
M. Are you registered with a foreign financial regulatory authority?
Answer “no” if you are not registered with a foreign financial regulatory authority, even if you have an affiliate that is registered with a foreign financial regulatory authority. If “yes,”
complete Section 1.M. of Schedule D.
Yes No
N. Are you a public reporting company under Sections 12 or 15(d) of the Securities Exchange Act of 1934?
Yes No
O. Did you have $1 billion or more in assets on the last day of your most recent fiscal year?
If yes, what is the approximate amount of your assets:
$1 billion to less than $10 billion
$10 billion to less than $50 billion
$50 billion or more
For purposes of Item 1.O. only, “assets” refers to your total assets, rather than the assets you manage on behalf of clients. Determine your total assets using the total assets shown
on the balance sheet for your most recent fiscal year end.
P. Provide your Legal Entity Identifier if you have one:
A legal entity identifier is a unique number that companies use to identify each other in the financial marketplace. You may not have a legal entity identifier.
SECTION 1.B. Other Business Names
No Information Filed
SECTION 1.F. Other Offices
No Information Filed
SECTION 1.I. Website Addresses
List your website addresses, including addresses for accounts on publicly available social media platforms where you control the content (including, but not limited to, Twitter,
Facebook and/or LinkedIn). You must complete a separate Schedule D Section 1.I. for each website or account on a publicly available social media platform.
Address of Website/Account on Publicly Available Social Media Platform: https://notion.vc/
SECTION 1.L. Location of Books and Records
No Information Filed
SECTION 1.M. Registration with Foreign Financial Regulatory Authorities
List the name and country, in English, of each foreign financial regulatory authority with which you are registered. You must complete a separate Schedule D Section 1.M. for each
foreign financial regulatory authority with whom you are registered.
Name of Country/Foreign Financial Regulatory Authority:
United Kingdom – Financial Conduct Authority
Other:
Item 2 SEC Registration/Reporting
SEC Reporting by Exempt Reporting Advisers
B. Complete this Item 2.B. only if you are reporting to the SEC as an exempt reporting adviser. Check all that apply. You:
(1) qualify for the exemption from registration as an adviser solely to one or more venture capital funds, as defined in rule 203(l)-1;
(2) qualify for the exemption from registration because you act solely as an adviser to private funds and have assets under management, as defined in rule 203(m)-1, in the
United States of less than $150 million;
(3) act solely as an adviser to private funds but you are no longer eligible to check box 2.B.(2) because you have assets under management, as defined in rule 203(m)-1, in
the United States of $150 million or more.
If you check box (2) or (3), complete Section 2.B. of Schedule D.
SECTION 2.B. Private Fund Assets
If you check Item 2.B.(2) or (3), what is the amount of the private fund assets that you manage? $ 321002333
NOTE: “Private fund assets” has the same meaning here as it has under rule 203(m)-1. If you are an investment adviser with its principal office and place of business outside the
United States only include private fund assets that you manage at a place of business in the United States.
Item 3 Form of Organization
If you are filing an umbrella registration, the information in Item 3 should be provided for the filing adviser only.
A. How are you organized?
Corporation
Sole Proprietorship
Limited Liability Partnership (LLP)
Partnership
Limited Liability Company (LLC)
Limited Partnership (LP)
Other (specify):
If you are changing your response to this Item, see Part 1A Instruction 4.
B. In what month does your fiscal year end each year?
MARCH
C. Under the laws of what state or country are you organized?
State Country
United Kingdom
If you are a partnership, provide the name of the state or country under whose laws your partnership was formed. If you are a sole proprietor, provide the name of the state or
country where you reside.
If you are changing your response to this Item, see Part 1A Instruction 4.
Item 6 Other Business Activities
In this Item, we request information about your firm’s other business activities.
A. You are actively engaged in business as a (check all that apply):
(1) broker-dealer (registered or unregistered)
(2) registered representative of a broker-dealer
(3) commodity pool operator or commodity trading advisor (whether registered or exempt from registration)
(4) futures commission merchant
(5) real estate broker, dealer, or agent
(6) insurance broker or agent
(7) bank (including a separately identifiable department or division of a bank)
(8) trust company
(9) registered municipal advisor
(10) registered security-based swap dealer
(11) major security-based swap participant
(12) accountant or accounting firm
(13) lawyer or law firm
(14) other financial product salesperson (specify):
If you engage in other business using a name that is different from the names reported in Items 1.A. or 1.B.(1), complete Section 6.A. of Schedule D.
Yes No
B. (1) Are you actively engaged in any other business not listed in Item 6.A. (other than giving investment advice)?
(2) If yes, is this other business your primary business?
If “yes,” describe this other business on Section 6.B.(2) of Schedule D, and if you engage in this business under a different name, provide that name.
Yes No
(3) Do you sell products or provide services other than investment advice to your advisory clients?
If “yes,” describe this other business on Section 6.B.(3) of Schedule D, and if you engage in this business under a different name, provide that name.
SECTION 6.A. Names of Your Other Businesses
No Information Filed
SECTION 6.B.(2) Description of Primary Business
Describe your primary business (not your investment advisory business):
If you engage in that business under a different name, provide that name:
SECTION 6.B.(3) Description of Other Products and Services
Describe other products or services you sell to your client. You may omit products and services that you listed in Section 6.B.(2) above.
If you engage in that business under a different name, provide that name:
Item 7 Financial Industry Affiliations
In this Item, we request information about your financial industry affiliations and activities. This information identifies areas in which conflicts of interest may occur between you and
your clients.
A. This part of Item 7 requires you to provide information about you and your related persons, including foreign affiliates. Your related persons are all of your advisory affiliates and any
person that is under common control with you.
You have a related person that is a (check all that apply):
(1) broker-dealer, municipal securities dealer, or government securities broker or dealer (registered or unregistered)
(2) other investment adviser (including financial planners)
(3) registered municipal advisor
(4) registered security-based swap dealer
(5) major security-based swap participant
(6) commodity pool operator or commodity trading advisor (whether registered or exempt from registration)
(7) futures commission merchant
(8) banking or thrift institution
(9) trust company
(10) accountant or accounting firm
(11) lawyer or law firm
(12) insurance company or agency
(13) pension consultant
(14) real estate broker or dealer
(15) sponsor or syndicator of limited partnerships (or equivalent), excluding pooled investment vehicles
(16) sponsor, general partner, managing member (or equivalent) of pooled investment vehicles
Note that Item 7.A. should not be used to disclose that some of your employees perform investment advisory functions or are registered representatives of a broker-dealer. The
number of your firm’s employees who perform investment advisory functions should be disclosed under Item 5.B.(1). The number of your firm’s employees who are registered
representatives of a broker-dealer should be disclosed under Item 5.B.(2).
Note that if you are filing an umbrella registration, you should not check Item 7.A.(2) with respect to your relying advisers, and you do not have to complete Section 7.A. in
Schedule D for your relying advisers. You should complete a Schedule R for each relying adviser.
For each related person, including foreign affiliates that may not be registered or required to be registered in the United States, complete Section 7.A. of Schedule D.
You do not need to complete Section 7.A. of Schedule D for any related person if: (1) you have no business dealings with the related person in connection with advisory services
you provide to your clients; (2) you do not conduct shared operations with the related person; (3) you do not refer clients or business to the related person, and the related person
does not refer prospective clients or business to you; (4) you do not share supervised persons or premises with the related person; and (5) you have no reason to believe that
your relationship with the related person otherwise creates a conflict of interest with your clients.
You must complete Section 7.A. of Schedule D for each related person acting as qualified custodian in connection with advisory services you provide to your clients (other than
any mutual fund transfer agent pursuant to rule 206(4)-2(b)(1)), regardless of whether you have determined the related person to be operationally independent under rule
206(4)-2 of the Advisers Act.
SECTION 7.A. Financial Industry Affiliations
No Information Filed
Item 7 Private Fund Reporting
Yes No
B. Are you an adviser to any private fund?
If “yes,” then for each private fund that you advise, you must complete a Section 7.B.(1) of Schedule D, except in certain circumstances described in the next sentence and in
Instruction 6 of the Instructions to Part 1A. If you are registered or applying for registration with the SEC or reporting as an SEC exempt reporting adviser, and another SEC-registered
adviser or SEC exempt reporting adviser reports this information with respect to any such private fund in Section 7.B.(1) of Schedule D of its Form ADV (e.g., if you are a subadviser),
do not complete Section 7.B.(1) of Schedule D with respect to that private fund. You must, instead, complete Section 7.B.(2) of Schedule D.
In either case, if you seek to preserve the anonymity of a private fund client by maintaining its identity in your books and records in numerical or alphabetical code, or similar
designation, pursuant to rule 204-2(d), you may identify the private fund in Section 7.B.(1) or 7.B.(2) of Schedule D using the same code or designation in place of the fund’s name.
FORM ADV
UNIFORM APPLICATION FOR INVESTMENT ADVISER REGISTRATION AND REPORT BY EXEMPT REPORTING ADVISERS
Primary Business Name: NOTION CAPITAL CRD Number: 301084
Annual Amendment – All Sections Rev. 03/2020
4/23/2020 10:38:35 AM
WARNING: Complete this form truthfully. False statements or omissions may result in denial of your application, revocation of your registration, or criminal prosecution. You must
keep this form updated by filing periodic amendments. See Form ADV General Instruction 4.
Item 1 Identifying Information
Responses to this Item tell us who you are, where you are doing business, and how we can contact you. If you are filing an umbrella registration, the information in Item 1 should be
provided for the filing adviser only. General Instruction 5 provides information to assist you with filing an umbrella registration.
A. Your full legal name (if you are a sole proprietor, your last, first, and middle names):
NOTION CAPITAL MANAGERS LLP
B. (1) Name under which you primarily conduct your advisory business, if different from Item 1.A.
NOTION CAPITAL
List on Section 1.B. of Schedule D any additional names under which you conduct your advisory business.
(2) If you are using this Form ADV to register more than one investment adviser under an umbrella registration, check this box
If you check this box, complete a Schedule R for each relying adviser.
C. If this filing is reporting a change in your legal name (Item 1.A.) or primary business name (Item 1.B.(1)), enter the new name and specify whether the name change is of
your legal name or your primary business name:
D. (1) If you are registered with the SEC as an investment adviser, your SEC file number:
(2) If you report to the SEC as an exempt reporting adviser, your SEC file number: 802-117151
(3) If you have one or more Central Index Key numbers assigned by the SEC (“CIK Numbers”), all of your CIK numbers:
No Information Filed
E. (1) If you have a number (“CRD Number”) assigned by the FINRA’s CRD system or by the IARD system, your CRD number: 301084
If your firm does not have a CRD number, skip this Item 1.E. Do not provide the CRD number of one of your officers, employees, or affiliates.
(2) If you have additional CRD Numbers, your additional CRD numbers:
No Information Filed
F. Principal Office and Place of Business
(1) Address (do not use a P.O. Box):
Number and Street 1:
91 WIMPOLE STREET
Number and Street 2:
City:
LONDON
State: Country:
United Kingdom
ZIP+4/Postal Code:
W1G 0EF
If this address is a private residence, check this box:
List on Section 1.F. of Schedule D any office, other than your principal office and place of business, at which you conduct investment advisory business. If you are applying for
registration, or are registered, with one or more state securities authorities, you must list all of your offices in the state or states to which you are applying for registration or with
whom you are registered. If you are applying for SEC registration, if you are registered only with the SEC, or if you are reporting to the SEC as an exempt reporting adviser, list
the largest twenty-five offices in terms of numbers of employees as of the end of your most recently completed fiscal year.
(2) Days of week that you normally conduct business at your principal office and place of business:
Monday – Friday Other:
Normal business hours at this location:
09:00 – 17:30
(3) Telephone number at this location:
+447919881986
(4) Facsimile number at this location, if any:
(5) What is the total number of offices, other than your principal office and place of business, at which you conduct investment advisory business as of the end of your most
recently completed fiscal year?
0
G. Mailing address, if different from your principal office and place of business address:
Number and Street 1: Number and Street 2:
City: State: Country: ZIP+4/Postal Code:
If this address is a private residence, check this box:
H. If you are a sole proprietor, state your full residence address, if different from your principal office and place of business address in Item 1.F.:
Number and Street 1: Number and Street 2:
City: State: Country: ZIP+4/Postal Code:
Yes No
I. Do you have one or more websites or accounts on publicly available social media platforms (including, but not limited to, Twitter, Facebook and LinkedIn)?
If “yes,” list all firm website addresses and the address for each of the firm’s accounts on publicly available social media platforms on Section 1.I. of Schedule D. If a website
address serves as a portal through which to access other information you have published on the web, you may list the portal without listing addresses for all of the other
information. You may need to list more than one portal address. Do not provide the addresses of websites or accounts on publicly available social media platforms where you do
not control the content. Do not provide the individual electronic mail (e-mail) addresses of employees or the addresses of employee accounts on publicly available social media
platforms.
J. Chief Compliance Officer
(1) Provide the name and contact information of your Chief Compliance Officer. If you are an exempt reporting adviser, you must provide the contact information for your Chief
Compliance Officer, if you have one. If not, you must complete Item 1.K. below.
Name: Other titles, if any:
Telephone number: Facsimile number, if any:
Number and Street 1: Number and Street 2:
City: State: Country: ZIP+4/Postal Code:
Electronic mail (e-mail) address, if Chief Compliance Officer has one:
(2) If your Chief Compliance Officer is compensated or employed by any person other than you, a related person or an investment company registered under the Investment
Company Act of 1940 that you advise for providing chief compliance officer services to you, provide the person’s name and IRS Employer Identification Number (if any):
Name:
IRS Employer Identification Number:
K. Additional Regulatory Contact Person: If a person other than the Chief Compliance Officer is authorized to receive information and respond to questions about this Form ADV, you
may provide that information here.
Name: Titles:
Telephone number: Facsimile number, if any:
Number and Street 1: Number and Street 2:
City: State: Country: ZIP+4/Postal Code:
Electronic mail (e-mail) address, if contact person has one:
Yes No
L. Do you maintain some or all of the books and records you are required to keep under Section 204 of the Advisers Act, or similar state law, somewhere other than your
principal office and place of business?
If “yes,” complete Section 1.L. of Schedule D.
Yes No
M. Are you registered with a foreign financial regulatory authority?
Answer “no” if you are not registered with a foreign financial regulatory authority, even if you have an affiliate that is registered with a foreign financial regulatory authority. If “yes,”
complete Section 1.M. of Schedule D.
Yes No
N. Are you a public reporting company under Sections 12 or 15(d) of the Securities Exchange Act of 1934?
Yes No
O. Did you have $1 billion or more in assets on the last day of your most recent fiscal year?
If yes, what is the approximate amount of your assets:
$1 billion to less than $10 billion
$10 billion to less than $50 billion
$50 billion or more
For purposes of Item 1.O. only, “assets” refers to your total assets, rather than the assets you manage on behalf of clients. Determine your total assets using the total assets shown
on the balance sheet for your most recent fiscal year end.
P. Provide your Legal Entity Identifier if you have one:
A legal entity identifier is a unique number that companies use to identify each other in the financial marketplace. You may not have a legal entity identifier.
SECTION 1.B. Other Business Names
No Information Filed
SECTION 1.F. Other Offices
No Information Filed
SECTION 1.I. Website Addresses
List your website addresses, including addresses for accounts on publicly available social media platforms where you control the content (including, but not limited to, Twitter,
Facebook and/or LinkedIn). You must complete a separate Schedule D Section 1.I. for each website or account on a publicly available social media platform.
Address of Website/Account on Publicly Available Social Media Platform: https://notion.vc/
SECTION 1.L. Location of Books and Records
No Information Filed
SECTION 1.M. Registration with Foreign Financial Regulatory Authorities
List the name and country, in English, of each foreign financial regulatory authority with which you are registered. You must complete a separate Schedule D Section 1.M. for each
foreign financial regulatory authority with whom you are registered.
Name of Country/Foreign Financial Regulatory Authority:
United Kingdom – Financial Conduct Authority
Other:
Item 2 SEC Registration/Reporting
SEC Reporting by Exempt Reporting Advisers
B. Complete this Item 2.B. only if you are reporting to the SEC as an exempt reporting adviser. Check all that apply. You:
(1) qualify for the exemption from registration as an adviser solely to one or more venture capital funds, as defined in rule 203(l)-1;
(2) qualify for the exemption from registration because you act solely as an adviser to private funds and have assets under management, as defined in rule 203(m)-1, in the
United States of less than $150 million;
(3) act solely as an adviser to private funds but you are no longer eligible to check box 2.B.(2) because you have assets under management, as defined in rule 203(m)-1, in
the United States of $150 million or more.
If you check box (2) or (3), complete Section 2.B. of Schedule D.
SECTION 2.B. Private Fund Assets
If you check Item 2.B.(2) or (3), what is the amount of the private fund assets that you manage? $ 321002333
NOTE: “Private fund assets” has the same meaning here as it has under rule 203(m)-1. If you are an investment adviser with its principal office and place of business outside the
United States only include private fund assets that you manage at a place of business in the United States.
Item 3 Form of Organization
If you are filing an umbrella registration, the information in Item 3 should be provided for the filing adviser only.
A. How are you organized?
Corporation
Sole Proprietorship
Limited Liability Partnership (LLP)
Partnership
Limited Liability Company (LLC)
Limited Partnership (LP)
Other (specify):
If you are changing your response to this Item, see Part 1A Instruction 4.
B. In what month does your fiscal year end each year?
MARCH
C. Under the laws of what state or country are you organized?
State Country
United Kingdom
If you are a partnership, provide the name of the state or country under whose laws your partnership was formed. If you are a sole proprietor, provide the name of the state or
country where you reside.
If you are changing your response to this Item, see Part 1A Instruction 4.
Item 6 Other Business Activities
In this Item, we request information about your firm’s other business activities.
A. You are actively engaged in business as a (check all that apply):
(1) broker-dealer (registered or unregistered)
(2) registered representative of a broker-dealer
(3) commodity pool operator or commodity trading advisor (whether registered or exempt from registration)
(4) futures commission merchant
(5) real estate broker, dealer, or agent
(6) insurance broker or agent
(7) bank (including a separately identifiable department or division of a bank)
(8) trust company
(9) registered municipal advisor
(10) registered security-based swap dealer
(11) major security-based swap participant
(12) accountant or accounting firm
(13) lawyer or law firm
(14) other financial product salesperson (specify):
If you engage in other business using a name that is different from the names reported in Items 1.A. or 1.B.(1), complete Section 6.A. of Schedule D.
Yes No
B. (1) Are you actively engaged in any other business not listed in Item 6.A. (other than giving investment advice)?
(2) If yes, is this other business your primary business?
If “yes,” describe this other business on Section 6.B.(2) of Schedule D, and if you engage in this business under a different name, provide that name.
Yes No
(3) Do you sell products or provide services other than investment advice to your advisory clients?
If “yes,” describe this other business on Section 6.B.(3) of Schedule D, and if you engage in this business under a different name, provide that name.
SECTION 6.A. Names of Your Other Businesses
No Information Filed
SECTION 6.B.(2) Description of Primary Business
Describe your primary business (not your investment advisory business):
If you engage in that business under a different name, provide that name:
SECTION 6.B.(3) Description of Other Products and Services
Describe other products or services you sell to your client. You may omit products and services that you listed in Section 6.B.(2) above.
If you engage in that business under a different name, provide that name:
Item 7 Financial Industry Affiliations
In this Item, we request information about your financial industry affiliations and activities. This information identifies areas in which conflicts of interest may occur between you and
your clients.
A. This part of Item 7 requires you to provide information about you and your related persons, including foreign affiliates. Your related persons are all of your advisory affiliates and any
person that is under common control with you.
You have a related person that is a (check all that apply):
(1) broker-dealer, municipal securities dealer, or government securities broker or dealer (registered or unregistered)
(2) other investment adviser (including financial planners)
(3) registered municipal advisor
(4) registered security-based swap dealer
(5) major security-based swap participant
(6) commodity pool operator or commodity trading advisor (whether registered or exempt from registration)
(7) futures commission merchant
(8) banking or thrift institution
(9) trust company
(10) accountant or accounting firm
(11) lawyer or law firm
(12) insurance company or agency
(13) pension consultant
(14) real estate broker or dealer
(15) sponsor or syndicator of limited partnerships (or equivalent), excluding pooled investment vehicles
(16) sponsor, general partner, managing member (or equivalent) of pooled investment vehicles
Note that Item 7.A. should not be used to disclose that some of your employees perform investment advisory functions or are registered representatives of a broker-dealer. The
number of your firm’s employees who perform investment advisory functions should be disclosed under Item 5.B.(1). The number of your firm’s employees who are registered
representatives of a broker-dealer should be disclosed under Item 5.B.(2).
Note that if you are filing an umbrella registration, you should not check Item 7.A.(2) with respect to your relying advisers, and you do not have to complete Section 7.A. in
Schedule D for your relying advisers. You should complete a Schedule R for each relying adviser.
For each related person, including foreign affiliates that may not be registered or required to be registered in the United States, complete Section 7.A. of Schedule D.
You do not need to complete Section 7.A. of Schedule D for any related person if: (1) you have no business dealings with the related person in connection with advisory services
you provide to your clients; (2) you do not conduct shared operations with the related person; (3) you do not refer clients or business to the related person, and the related person
does not refer prospective clients or business to you; (4) you do not share supervised persons or premises with the related person; and (5) you have no reason to believe that
your relationship with the related person otherwise creates a conflict of interest with your clients.
You must complete Section 7.A. of Schedule D for each related person acting as qualified custodian in connection with advisory services you provide to your clients (other than
any mutual fund transfer agent pursuant to rule 206(4)-2(b)(1)), regardless of whether you have determined the related person to be operationally independent under rule
206(4)-2 of the Advisers Act.
SECTION 7.A. Financial Industry Affiliations
No Information Filed
Item 7 Private Fund Reporting
Yes No
B. Are you an adviser to any private fund?
If “yes,” then for each private fund that you advise, you must complete a Section 7.B.(1) of Schedule D, except in certain circumstances described in the next sentence and in
Instruction 6 of the Instructions to Part 1A. If you are registered or applying for registration with the SEC or reporting as an SEC exempt reporting adviser, and another SEC-registered
adviser or SEC exempt reporting adviser reports this information with respect to any such private fund in Section 7.B.(1) of Schedule D of its Form ADV (e.g., if you are a subadviser),
do not complete Section 7.B.(1) of Schedule D with respect to that private fund. You must, instead, complete Section 7.B.(2) of Schedule D.
In either case, if you seek to preserve the anonymity of a private fund client by maintaining its identity in your books and records in numerical or alphabetical code, or similar
designation, pursuant to rule 204-2(d), you may identify the private fund in Section 7.B.(1) or 7.B.(2) of Schedule D using the same code or designation in place of the fund’s name.
SECTION 7.B.(1) Private Fund Reporting
A. PRIVATE FUND
Information About the Private Fund

  1. (a) Name of the private fund:
    NOTION CAPITAL 2 LP
    (b) Private fund identification number:
    (include the “805-” prefix also)
    805-6271914669
  2. Under the laws of what state or country is the private fund organized:
    State: Country:
    United Kingdom
  3. (a) Name(s) of General Partner, Manager, Trustee, or Directors (or persons serving in a similar capacity):
    Name of General Partner, Manager, Trustee, or Director
    NOTION CAPITAL MANAGERS LLP
    (b) If filing an umbrella registration, identify the filing adviser and/or relying adviser(s) that sponsor(s) or manage(s) this private fund.
    No Information Filed
  4. The private fund (check all that apply; you must check at least one):
    (1) qualifies for the exclusion from the definition of investment company under section 3(c)(1) of the Investment Company Act of 1940
    (2) qualifies for the exclusion from the definition of investment company under section 3(c)(7) of the Investment Company Act of 1940
  5. List the name and country, in English, of each foreign financial regulatory authority with which the private fund is registered.
    No Information Filed
    Yes No
  6. (a) Is this a “master fund” in a master-feeder arrangement?
    (b) If yes, what is the name and private fund identification number (if any) of the feeder funds investing in this private fund?
    No Information Filed
    Yes No
    (c) Is this a “feeder fund” in a master-feeder arrangement?
    (d) If yes, what is the name and private fund identification number (if any) of the master fund in which this private fund invests?
    Name of private fund:
    Private fund identification number:
    (include the “805-” prefix also)
    NOTE: You must complete question 6 for each master-feeder arrangement regardless of whether you are filing a single Schedule D, Section 7.B.(1) for the master-feeder
    arrangement or reporting on the funds separately.
  7. If you are filing a single Schedule D, Section 7.B.(1) for a master-feeder arrangement according to the instructions to this Section 7.B.(1), for each of the feeder funds answer
    the following questions:
    No Information Filed
    NOTE: For purposes of questions 6 and 7, in a master-feeder arrangement, one or more funds (“feeder funds”) invest all or substantially all of their assets in a single fund
    (“master fund”). A fund would also be a “feeder fund” investing in a “master fund” for purposes of this question if it issued multiple classes (or series) of shares or interests,
    and each class (or series) invests substantially all of its assets in a single master fund.
    Yes No
  8. (a) Is this private fund a “fund of funds”?
    FORM ADV
    UNIFORM APPLICATION FOR INVESTMENT ADVISER REGISTRATION AND REPORT BY EXEMPT REPORTING ADVISERS
    Primary Business Name: NOTION CAPITAL CRD Number: 301084
    Annual Amendment – All Sections Rev. 03/2020
    4/23/2020 10:38:35 AM
    WARNING: Complete this form truthfully. False statements or omissions may result in denial of your application, revocation of your registration, or criminal prosecution. You must
    keep this form updated by filing periodic amendments. See Form ADV General Instruction 4.
    Item 1 Identifying Information
    Responses to this Item tell us who you are, where you are doing business, and how we can contact you. If you are filing an umbrella registration, the information in Item 1 should be
    provided for the filing adviser only. General Instruction 5 provides information to assist you with filing an umbrella registration.
    A. Your full legal name (if you are a sole proprietor, your last, first, and middle names):
    NOTION CAPITAL MANAGERS LLP
    B. (1) Name under which you primarily conduct your advisory business, if different from Item 1.A.
    NOTION CAPITAL
    List on Section 1.B. of Schedule D any additional names under which you conduct your advisory business.
    (2) If you are using this Form ADV to register more than one investment adviser under an umbrella registration, check this box
    If you check this box, complete a Schedule R for each relying adviser.
    C. If this filing is reporting a change in your legal name (Item 1.A.) or primary business name (Item 1.B.(1)), enter the new name and specify whether the name change is of
    your legal name or your primary business name:
    D. (1) If you are registered with the SEC as an investment adviser, your SEC file number:
    (2) If you report to the SEC as an exempt reporting adviser, your SEC file number: 802-117151
    (3) If you have one or more Central Index Key numbers assigned by the SEC (“CIK Numbers”), all of your CIK numbers:
    No Information Filed
    E. (1) If you have a number (“CRD Number”) assigned by the FINRA’s CRD system or by the IARD system, your CRD number: 301084
    If your firm does not have a CRD number, skip this Item 1.E. Do not provide the CRD number of one of your officers, employees, or affiliates.
    (2) If you have additional CRD Numbers, your additional CRD numbers:
    No Information Filed
    F. Principal Office and Place of Business
    (1) Address (do not use a P.O. Box):
    Number and Street 1:
    91 WIMPOLE STREET
    Number and Street 2:
    City:
    LONDON
    State: Country:
    United Kingdom
    ZIP+4/Postal Code:
    W1G 0EF
    If this address is a private residence, check this box:
    List on Section 1.F. of Schedule D any office, other than your principal office and place of business, at which you conduct investment advisory business. If you are applying for
    registration, or are registered, with one or more state securities authorities, you must list all of your offices in the state or states to which you are applying for registration or with
    whom you are registered. If you are applying for SEC registration, if you are registered only with the SEC, or if you are reporting to the SEC as an exempt reporting adviser, list
    the largest twenty-five offices in terms of numbers of employees as of the end of your most recently completed fiscal year.
    (2) Days of week that you normally conduct business at your principal office and place of business:
    Monday – Friday Other:
    Normal business hours at this location:
    09:00 – 17:30
    (3) Telephone number at this location:
    +447919881986
    (4) Facsimile number at this location, if any:
    (5) What is the total number of offices, other than your principal office and place of business, at which you conduct investment advisory business as of the end of your most
    recently completed fiscal year?
    0
    G. Mailing address, if different from your principal office and place of business address:
    Number and Street 1: Number and Street 2:
    City: State: Country: ZIP+4/Postal Code:
    If this address is a private residence, check this box:
    H. If you are a sole proprietor, state your full residence address, if different from your principal office and place of business address in Item 1.F.:
    Number and Street 1: Number and Street 2:
    City: State: Country: ZIP+4/Postal Code:
    Yes No
    I. Do you have one or more websites or accounts on publicly available social media platforms (including, but not limited to, Twitter, Facebook and LinkedIn)?
    If “yes,” list all firm website addresses and the address for each of the firm’s accounts on publicly available social media platforms on Section 1.I. of Schedule D. If a website
    address serves as a portal through which to access other information you have published on the web, you may list the portal without listing addresses for all of the other
    information. You may need to list more than one portal address. Do not provide the addresses of websites or accounts on publicly available social media platforms where you do
    not control the content. Do not provide the individual electronic mail (e-mail) addresses of employees or the addresses of employee accounts on publicly available social media
    platforms.
    J. Chief Compliance Officer
    (1) Provide the name and contact information of your Chief Compliance Officer. If you are an exempt reporting adviser, you must provide the contact information for your Chief
    Compliance Officer, if you have one. If not, you must complete Item 1.K. below.
    Name: Other titles, if any:
    Telephone number: Facsimile number, if any:
    Number and Street 1: Number and Street 2:
    City: State: Country: ZIP+4/Postal Code:
    Electronic mail (e-mail) address, if Chief Compliance Officer has one:
    (2) If your Chief Compliance Officer is compensated or employed by any person other than you, a related person or an investment company registered under the Investment
    Company Act of 1940 that you advise for providing chief compliance officer services to you, provide the person’s name and IRS Employer Identification Number (if any):
    Name:
    IRS Employer Identification Number:
    K. Additional Regulatory Contact Person: If a person other than the Chief Compliance Officer is authorized to receive information and respond to questions about this Form ADV, you
    may provide that information here.
    Name: Titles:
    Telephone number: Facsimile number, if any:
    Number and Street 1: Number and Street 2:
    City: State: Country: ZIP+4/Postal Code:
    Electronic mail (e-mail) address, if contact person has one:
    Yes No
    L. Do you maintain some or all of the books and records you are required to keep under Section 204 of the Advisers Act, or similar state law, somewhere other than your
    principal office and place of business?
    If “yes,” complete Section 1.L. of Schedule D.
    Yes No
    M. Are you registered with a foreign financial regulatory authority?
    Answer “no” if you are not registered with a foreign financial regulatory authority, even if you have an affiliate that is registered with a foreign financial regulatory authority. If “yes,”
    complete Section 1.M. of Schedule D.
    Yes No
    N. Are you a public reporting company under Sections 12 or 15(d) of the Securities Exchange Act of 1934?
    Yes No
    O. Did you have $1 billion or more in assets on the last day of your most recent fiscal year?
    If yes, what is the approximate amount of your assets:
    $1 billion to less than $10 billion
    $10 billion to less than $50 billion
    $50 billion or more
    For purposes of Item 1.O. only, “assets” refers to your total assets, rather than the assets you manage on behalf of clients. Determine your total assets using the total assets shown
    on the balance sheet for your most recent fiscal year end.
    P. Provide your Legal Entity Identifier if you have one:
    A legal entity identifier is a unique number that companies use to identify each other in the financial marketplace. You may not have a legal entity identifier.
    SECTION 1.B. Other Business Names
    No Information Filed
    SECTION 1.F. Other Offices
    No Information Filed
    SECTION 1.I. Website Addresses
    List your website addresses, including addresses for accounts on publicly available social media platforms where you control the content (including, but not limited to, Twitter,
    Facebook and/or LinkedIn). You must complete a separate Schedule D Section 1.I. for each website or account on a publicly available social media platform.
    Address of Website/Account on Publicly Available Social Media Platform: https://notion.vc/
    SECTION 1.L. Location of Books and Records
    No Information Filed
    SECTION 1.M. Registration with Foreign Financial Regulatory Authorities
    List the name and country, in English, of each foreign financial regulatory authority with which you are registered. You must complete a separate Schedule D Section 1.M. for each
    foreign financial regulatory authority with whom you are registered.
    Name of Country/Foreign Financial Regulatory Authority:
    United Kingdom – Financial Conduct Authority
    Other:
    Item 2 SEC Registration/Reporting
    SEC Reporting by Exempt Reporting Advisers
    B. Complete this Item 2.B. only if you are reporting to the SEC as an exempt reporting adviser. Check all that apply. You:
    (1) qualify for the exemption from registration as an adviser solely to one or more venture capital funds, as defined in rule 203(l)-1;
    (2) qualify for the exemption from registration because you act solely as an adviser to private funds and have assets under management, as defined in rule 203(m)-1, in the
    United States of less than $150 million;
    (3) act solely as an adviser to private funds but you are no longer eligible to check box 2.B.(2) because you have assets under management, as defined in rule 203(m)-1, in
    the United States of $150 million or more.
    If you check box (2) or (3), complete Section 2.B. of Schedule D.
    SECTION 2.B. Private Fund Assets
    If you check Item 2.B.(2) or (3), what is the amount of the private fund assets that you manage? $ 321002333
    NOTE: “Private fund assets” has the same meaning here as it has under rule 203(m)-1. If you are an investment adviser with its principal office and place of business outside the
    United States only include private fund assets that you manage at a place of business in the United States.
    Item 3 Form of Organization
    If you are filing an umbrella registration, the information in Item 3 should be provided for the filing adviser only.
    A. How are you organized?
    Corporation
    Sole Proprietorship
    Limited Liability Partnership (LLP)
    Partnership
    Limited Liability Company (LLC)
    Limited Partnership (LP)
    Other (specify):
    If you are changing your response to this Item, see Part 1A Instruction 4.
    B. In what month does your fiscal year end each year?
    MARCH
    C. Under the laws of what state or country are you organized?
    State Country
    United Kingdom
    If you are a partnership, provide the name of the state or country under whose laws your partnership was formed. If you are a sole proprietor, provide the name of the state or
    country where you reside.
    If you are changing your response to this Item, see Part 1A Instruction 4.
    Item 6 Other Business Activities
    In this Item, we request information about your firm’s other business activities.
    A. You are actively engaged in business as a (check all that apply):
    (1) broker-dealer (registered or unregistered)
    (2) registered representative of a broker-dealer
    (3) commodity pool operator or commodity trading advisor (whether registered or exempt from registration)
    (4) futures commission merchant
    (5) real estate broker, dealer, or agent
    (6) insurance broker or agent
    (7) bank (including a separately identifiable department or division of a bank)
    (8) trust company
    (9) registered municipal advisor
    (10) registered security-based swap dealer
    (11) major security-based swap participant
    (12) accountant or accounting firm
    (13) lawyer or law firm
    (14) other financial product salesperson (specify):
    If you engage in other business using a name that is different from the names reported in Items 1.A. or 1.B.(1), complete Section 6.A. of Schedule D.
    Yes No
    B. (1) Are you actively engaged in any other business not listed in Item 6.A. (other than giving investment advice)?
    (2) If yes, is this other business your primary business?
    If “yes,” describe this other business on Section 6.B.(2) of Schedule D, and if you engage in this business under a different name, provide that name.
    Yes No
    (3) Do you sell products or provide services other than investment advice to your advisory clients?
    If “yes,” describe this other business on Section 6.B.(3) of Schedule D, and if you engage in this business under a different name, provide that name.
    SECTION 6.A. Names of Your Other Businesses
    No Information Filed
    SECTION 6.B.(2) Description of Primary Business
    Describe your primary business (not your investment advisory business):
    If you engage in that business under a different name, provide that name:
    SECTION 6.B.(3) Description of Other Products and Services
    Describe other products or services you sell to your client. You may omit products and services that you listed in Section 6.B.(2) above.
    If you engage in that business under a different name, provide that name:
    Item 7 Financial Industry Affiliations
    In this Item, we request information about your financial industry affiliations and activities. This information identifies areas in which conflicts of interest may occur between you and
    your clients.
    A. This part of Item 7 requires you to provide information about you and your related persons, including foreign affiliates. Your related persons are all of your advisory affiliates and any
    person that is under common control with you.
    You have a related person that is a (check all that apply):
    (1) broker-dealer, municipal securities dealer, or government securities broker or dealer (registered or unregistered)
    (2) other investment adviser (including financial planners)
    (3) registered municipal advisor
    (4) registered security-based swap dealer
    (5) major security-based swap participant
    (6) commodity pool operator or commodity trading advisor (whether registered or exempt from registration)
    (7) futures commission merchant
    (8) banking or thrift institution
    (9) trust company
    (10) accountant or accounting firm
    (11) lawyer or law firm
    (12) insurance company or agency
    (13) pension consultant
    (14) real estate broker or dealer
    (15) sponsor or syndicator of limited partnerships (or equivalent), excluding pooled investment vehicles
    (16) sponsor, general partner, managing member (or equivalent) of pooled investment vehicles
    Note that Item 7.A. should not be used to disclose that some of your employees perform investment advisory functions or are registered representatives of a broker-dealer. The
    number of your firm’s employees who perform investment advisory functions should be disclosed under Item 5.B.(1). The number of your firm’s employees who are registered
    representatives of a broker-dealer should be disclosed under Item 5.B.(2).
    Note that if you are filing an umbrella registration, you should not check Item 7.A.(2) with respect to your relying advisers, and you do not have to complete Section 7.A. in
    Schedule D for your relying advisers. You should complete a Schedule R for each relying adviser.
    For each related person, including foreign affiliates that may not be registered or required to be registered in the United States, complete Section 7.A. of Schedule D.
    You do not need to complete Section 7.A. of Schedule D for any related person if: (1) you have no business dealings with the related person in connection with advisory services
    you provide to your clients; (2) you do not conduct shared operations with the related person; (3) you do not refer clients or business to the related person, and the related person
    does not refer prospective clients or business to you; (4) you do not share supervised persons or premises with the related person; and (5) you have no reason to believe that
    your relationship with the related person otherwise creates a conflict of interest with your clients.
    You must complete Section 7.A. of Schedule D for each related person acting as qualified custodian in connection with advisory services you provide to your clients (other than
    any mutual fund transfer agent pursuant to rule 206(4)-2(b)(1)), regardless of whether you have determined the related person to be operationally independent under rule
    206(4)-2 of the Advisers Act.
    SECTION 7.A. Financial Industry Affiliations
    No Information Filed
    Item 7 Private Fund Reporting
    Yes No
    B. Are you an adviser to any private fund?
    If “yes,” then for each private fund that you advise, you must complete a Section 7.B.(1) of Schedule D, except in certain circumstances described in the next sentence and in
    Instruction 6 of the Instructions to Part 1A. If you are registered or applying for registration with the SEC or reporting as an SEC exempt reporting adviser, and another SEC-registered
    adviser or SEC exempt reporting adviser reports this information with respect to any such private fund in Section 7.B.(1) of Schedule D of its Form ADV (e.g., if you are a subadviser),
    do not complete Section 7.B.(1) of Schedule D with respect to that private fund. You must, instead, complete Section 7.B.(2) of Schedule D.
    In either case, if you seek to preserve the anonymity of a private fund client by maintaining its identity in your books and records in numerical or alphabetical code, or similar
    designation, pursuant to rule 204-2(d), you may identify the private fund in Section 7.B.(1) or 7.B.(2) of Schedule D using the same code or designation in place of the fund’s name.
    SECTION 7.B.(1) Private Fund Reporting
    A. PRIVATE FUND
    Information About the Private Fund
  9. (a) Name of the private fund:
    NOTION CAPITAL 2 LP
    (b) Private fund identification number:
    (include the “805-” prefix also)
    805-6271914669
  10. Under the laws of what state or country is the private fund organized:
    State: Country:
    United Kingdom
  11. (a) Name(s) of General Partner, Manager, Trustee, or Directors (or persons serving in a similar capacity):
    Name of General Partner, Manager, Trustee, or Director
    NOTION CAPITAL MANAGERS LLP
    (b) If filing an umbrella registration, identify the filing adviser and/or relying adviser(s) that sponsor(s) or manage(s) this private fund.
    No Information Filed
  12. The private fund (check all that apply; you must check at least one):
    (1) qualifies for the exclusion from the definition of investment company under section 3(c)(1) of the Investment Company Act of 1940
    (2) qualifies for the exclusion from the definition of investment company under section 3(c)(7) of the Investment Company Act of 1940
  13. List the name and country, in English, of each foreign financial regulatory authority with which the private fund is registered.
    No Information Filed
    Yes No
  14. (a) Is this a “master fund” in a master-feeder arrangement?
    (b) If yes, what is the name and private fund identification number (if any) of the feeder funds investing in this private fund?
    No Information Filed
    Yes No
    (c) Is this a “feeder fund” in a master-feeder arrangement?
    (d) If yes, what is the name and private fund identification number (if any) of the master fund in which this private fund invests?
    Name of private fund:
    Private fund identification number:
    (include the “805-” prefix also)
    NOTE: You must complete question 6 for each master-feeder arrangement regardless of whether you are filing a single Schedule D, Section 7.B.(1) for the master-feeder
    arrangement or reporting on the funds separately.
  15. If you are filing a single Schedule D, Section 7.B.(1) for a master-feeder arrangement according to the instructions to this Section 7.B.(1), for each of the feeder funds answer
    the following questions:
    No Information Filed
    NOTE: For purposes of questions 6 and 7, in a master-feeder arrangement, one or more funds (“feeder funds”) invest all or substantially all of their assets in a single fund
    (“master fund”). A fund would also be a “feeder fund” investing in a “master fund” for purposes of this question if it issued multiple classes (or series) of shares or interests,
    and each class (or series) invests substantially all of its assets in a single master fund.
    Yes No
  16. (a) Is this private fund a “fund of funds”?
    NOTE: For purposes of this question only, answer “yes” if the fund invests 10 percent or more of its total assets in other pooled investment vehicles, regardless of whether
    they are also private funds or registered investment companies.
    (b) If yes, does the private fund invest in funds managed by you or by a related person?
    Yes No
  17. During your last fiscal year, did the private fund invest in securities issued by investment companies registered under the Investment Company Act of 1940 (other
    than “money market funds,” to the extent provided in Instruction 6.e.)?
  18. What type of fund is the private fund?
    hedge fund liquidity fund private equity fund real estate fund securitized asset fund venture capital fund Other private fund:
    NOTE: For definitions of these fund types, please see Instruction 6 of the Instructions to Part 1A.
  19. Current gross asset value of the private fund:
    $ 79,829,349
    Ownership
  20. Minimum investment commitment required of an investor in the private fund:
    $ 1
    NOTE: Report the amount routinely required of investors who are not your related persons (even if different from the amount set forth in the organizational documents of the
    fund).
  21. Approximate number of the private fund’s beneficial owners:
    45
  22. What is the approximate percentage of the private fund beneficially owned by you and your related persons:
    6%
  23. (a) What is the approximate percentage of the private fund beneficially owned (in the aggregate) by funds of funds:
    77%
    Yes No
    (b) If the private fund qualifies for the exclusion from the definition of investment company under section 3(c)(1) of the Investment Company Act of 1940, are sales
    of the fund limited to qualified clients?
  24. What is the approximate percentage of the private fund beneficially owned by non-United States persons:
    100%
    Your Advisory Services
    Yes No
  25. (a) Are you a subadviser to this private fund?
    (b) If the answer to question 17.(a) is “yes,” provide the name and SEC file number, if any, of the adviser of the private fund. If the answer to question 17.(a) is “no,” leave this
    question blank.
    No Information Filed
    Yes No
  26. (a) Do any investment advisers (other than the investment advisers listed in Section 7.B.(1).A.3.(b)) advise the private fund?
    (b) If the answer to question 18.(a) is “yes,” provide the name and SEC file number, if any, of the other advisers to the private fund. If the answer to question 18.(a) is “no,”
    leave this question blank.
    No Information Filed
    Yes No
  27. Are your clients solicited to invest in the private fund?
    NOTE: For purposes of this question, do not consider feeder funds of the private fund.
  28. Approximately what percentage of your clients has invested in the private fund?
    100%
    Private Offering
    Yes No
  29. Has the private fund ever relied on an exemption from registration of its securities under Regulation D of the Securities Act of 1933?
    FORM ADV
    UNIFORM APPLICATION FOR INVESTMENT ADVISER REGISTRATION AND REPORT BY EXEMPT REPORTING ADVISERS
    Primary Business Name: NOTION CAPITAL CRD Number: 301084
    Annual Amendment – All Sections Rev. 03/2020
    4/23/2020 10:38:35 AM
    WARNING: Complete this form truthfully. False statements or omissions may result in denial of your application, revocation of your registration, or criminal prosecution. You must
    keep this form updated by filing periodic amendments. See Form ADV General Instruction 4.
    Item 1 Identifying Information
    Responses to this Item tell us who you are, where you are doing business, and how we can contact you. If you are filing an umbrella registration, the information in Item 1 should be
    provided for the filing adviser only. General Instruction 5 provides information to assist you with filing an umbrella registration.
    A. Your full legal name (if you are a sole proprietor, your last, first, and middle names):
    NOTION CAPITAL MANAGERS LLP
    B. (1) Name under which you primarily conduct your advisory business, if different from Item 1.A.
    NOTION CAPITAL
    List on Section 1.B. of Schedule D any additional names under which you conduct your advisory business.
    (2) If you are using this Form ADV to register more than one investment adviser under an umbrella registration, check this box
    If you check this box, complete a Schedule R for each relying adviser.
    C. If this filing is reporting a change in your legal name (Item 1.A.) or primary business name (Item 1.B.(1)), enter the new name and specify whether the name change is of
    your legal name or your primary business name:
    D. (1) If you are registered with the SEC as an investment adviser, your SEC file number:
    (2) If you report to the SEC as an exempt reporting adviser, your SEC file number: 802-117151
    (3) If you have one or more Central Index Key numbers assigned by the SEC (“CIK Numbers”), all of your CIK numbers:
    No Information Filed
    E. (1) If you have a number (“CRD Number”) assigned by the FINRA’s CRD system or by the IARD system, your CRD number: 301084
    If your firm does not have a CRD number, skip this Item 1.E. Do not provide the CRD number of one of your officers, employees, or affiliates.
    (2) If you have additional CRD Numbers, your additional CRD numbers:
    No Information Filed
    F. Principal Office and Place of Business
    (1) Address (do not use a P.O. Box):
    Number and Street 1:
    91 WIMPOLE STREET
    Number and Street 2:
    City:
    LONDON
    State: Country:
    United Kingdom
    ZIP+4/Postal Code:
    W1G 0EF
    If this address is a private residence, check this box:
    List on Section 1.F. of Schedule D any office, other than your principal office and place of business, at which you conduct investment advisory business. If you are applying for
    registration, or are registered, with one or more state securities authorities, you must list all of your offices in the state or states to which you are applying for registration or with
    whom you are registered. If you are applying for SEC registration, if you are registered only with the SEC, or if you are reporting to the SEC as an exempt reporting adviser, list
    the largest twenty-five offices in terms of numbers of employees as of the end of your most recently completed fiscal year.
    (2) Days of week that you normally conduct business at your principal office and place of business:
    Monday – Friday Other:
    Normal business hours at this location:
    09:00 – 17:30
    (3) Telephone number at this location:
    +447919881986
    (4) Facsimile number at this location, if any:
    (5) What is the total number of offices, other than your principal office and place of business, at which you conduct investment advisory business as of the end of your most
    recently completed fiscal year?
    0
    G. Mailing address, if different from your principal office and place of business address:
    Number and Street 1: Number and Street 2:
    City: State: Country: ZIP+4/Postal Code:
    If this address is a private residence, check this box:
    H. If you are a sole proprietor, state your full residence address, if different from your principal office and place of business address in Item 1.F.:
    Number and Street 1: Number and Street 2:
    City: State: Country: ZIP+4/Postal Code:
    Yes No
    I. Do you have one or more websites or accounts on publicly available social media platforms (including, but not limited to, Twitter, Facebook and LinkedIn)?
    If “yes,” list all firm website addresses and the address for each of the firm’s accounts on publicly available social media platforms on Section 1.I. of Schedule D. If a website
    address serves as a portal through which to access other information you have published on the web, you may list the portal without listing addresses for all of the other
    information. You may need to list more than one portal address. Do not provide the addresses of websites or accounts on publicly available social media platforms where you do
    not control the content. Do not provide the individual electronic mail (e-mail) addresses of employees or the addresses of employee accounts on publicly available social media
    platforms.
    J. Chief Compliance Officer
    (1) Provide the name and contact information of your Chief Compliance Officer. If you are an exempt reporting adviser, you must provide the contact information for your Chief
    Compliance Officer, if you have one. If not, you must complete Item 1.K. below.
    Name: Other titles, if any:
    Telephone number: Facsimile number, if any:
    Number and Street 1: Number and Street 2:
    City: State: Country: ZIP+4/Postal Code:
    Electronic mail (e-mail) address, if Chief Compliance Officer has one:
    (2) If your Chief Compliance Officer is compensated or employed by any person other than you, a related person or an investment company registered under the Investment
    Company Act of 1940 that you advise for providing chief compliance officer services to you, provide the person’s name and IRS Employer Identification Number (if any):
    Name:
    IRS Employer Identification Number:
    K. Additional Regulatory Contact Person: If a person other than the Chief Compliance Officer is authorized to receive information and respond to questions about this Form ADV, you
    may provide that information here.
    Name: Titles:
    Telephone number: Facsimile number, if any:
    Number and Street 1: Number and Street 2:
    City: State: Country: ZIP+4/Postal Code:
    Electronic mail (e-mail) address, if contact person has one:
    Yes No
    L. Do you maintain some or all of the books and records you are required to keep under Section 204 of the Advisers Act, or similar state law, somewhere other than your
    principal office and place of business?
    If “yes,” complete Section 1.L. of Schedule D.
    Yes No
    M. Are you registered with a foreign financial regulatory authority?
    Answer “no” if you are not registered with a foreign financial regulatory authority, even if you have an affiliate that is registered with a foreign financial regulatory authority. If “yes,”
    complete Section 1.M. of Schedule D.
    Yes No
    N. Are you a public reporting company under Sections 12 or 15(d) of the Securities Exchange Act of 1934?
    Yes No
    O. Did you have $1 billion or more in assets on the last day of your most recent fiscal year?
    If yes, what is the approximate amount of your assets:
    $1 billion to less than $10 billion
    $10 billion to less than $50 billion
    $50 billion or more
    For purposes of Item 1.O. only, “assets” refers to your total assets, rather than the assets you manage on behalf of clients. Determine your total assets using the total assets shown
    on the balance sheet for your most recent fiscal year end.
    P. Provide your Legal Entity Identifier if you have one:
    A legal entity identifier is a unique number that companies use to identify each other in the financial marketplace. You may not have a legal entity identifier.
    SECTION 1.B. Other Business Names
    No Information Filed
    SECTION 1.F. Other Offices
    No Information Filed
    SECTION 1.I. Website Addresses
    List your website addresses, including addresses for accounts on publicly available social media platforms where you control the content (including, but not limited to, Twitter,
    Facebook and/or LinkedIn). You must complete a separate Schedule D Section 1.I. for each website or account on a publicly available social media platform.
    Address of Website/Account on Publicly Available Social Media Platform: https://notion.vc/
    SECTION 1.L. Location of Books and Records
    No Information Filed
    SECTION 1.M. Registration with Foreign Financial Regulatory Authorities
    List the name and country, in English, of each foreign financial regulatory authority with which you are registered. You must complete a separate Schedule D Section 1.M. for each
    foreign financial regulatory authority with whom you are registered.
    Name of Country/Foreign Financial Regulatory Authority:
    United Kingdom – Financial Conduct Authority
    Other:
    Item 2 SEC Registration/Reporting
    SEC Reporting by Exempt Reporting Advisers
    B. Complete this Item 2.B. only if you are reporting to the SEC as an exempt reporting adviser. Check all that apply. You:
    (1) qualify for the exemption from registration as an adviser solely to one or more venture capital funds, as defined in rule 203(l)-1;
    (2) qualify for the exemption from registration because you act solely as an adviser to private funds and have assets under management, as defined in rule 203(m)-1, in the
    United States of less than $150 million;
    (3) act solely as an adviser to private funds but you are no longer eligible to check box 2.B.(2) because you have assets under management, as defined in rule 203(m)-1, in
    the United States of $150 million or more.
    If you check box (2) or (3), complete Section 2.B. of Schedule D.
    SECTION 2.B. Private Fund Assets
    If you check Item 2.B.(2) or (3), what is the amount of the private fund assets that you manage? $ 321002333
    NOTE: “Private fund assets” has the same meaning here as it has under rule 203(m)-1. If you are an investment adviser with its principal office and place of business outside the
    United States only include private fund assets that you manage at a place of business in the United States.
    Item 3 Form of Organization
    If you are filing an umbrella registration, the information in Item 3 should be provided for the filing adviser only.
    A. How are you organized?
    Corporation
    Sole Proprietorship
    Limited Liability Partnership (LLP)
    Partnership
    Limited Liability Company (LLC)
    Limited Partnership (LP)
    Other (specify):
    If you are changing your response to this Item, see Part 1A Instruction 4.
    B. In what month does your fiscal year end each year?
    MARCH
    C. Under the laws of what state or country are you organized?
    State Country
    United Kingdom
    If you are a partnership, provide the name of the state or country under whose laws your partnership was formed. If you are a sole proprietor, provide the name of the state or
    country where you reside.
    If you are changing your response to this Item, see Part 1A Instruction 4.
    Item 6 Other Business Activities
    In this Item, we request information about your firm’s other business activities.
    A. You are actively engaged in business as a (check all that apply):
    (1) broker-dealer (registered or unregistered)
    (2) registered representative of a broker-dealer
    (3) commodity pool operator or commodity trading advisor (whether registered or exempt from registration)
    (4) futures commission merchant
    (5) real estate broker, dealer, or agent
    (6) insurance broker or agent
    (7) bank (including a separately identifiable department or division of a bank)
    (8) trust company
    (9) registered municipal advisor
    (10) registered security-based swap dealer
    (11) major security-based swap participant
    (12) accountant or accounting firm
    (13) lawyer or law firm
    (14) other financial product salesperson (specify):
    If you engage in other business using a name that is different from the names reported in Items 1.A. or 1.B.(1), complete Section 6.A. of Schedule D.
    Yes No
    B. (1) Are you actively engaged in any other business not listed in Item 6.A. (other than giving investment advice)?
    (2) If yes, is this other business your primary business?
    If “yes,” describe this other business on Section 6.B.(2) of Schedule D, and if you engage in this business under a different name, provide that name.
    Yes No
    (3) Do you sell products or provide services other than investment advice to your advisory clients?
    If “yes,” describe this other business on Section 6.B.(3) of Schedule D, and if you engage in this business under a different name, provide that name.
    SECTION 6.A. Names of Your Other Businesses
    No Information Filed
    SECTION 6.B.(2) Description of Primary Business
    Describe your primary business (not your investment advisory business):
    If you engage in that business under a different name, provide that name:
    SECTION 6.B.(3) Description of Other Products and Services
    Describe other products or services you sell to your client. You may omit products and services that you listed in Section 6.B.(2) above.
    If you engage in that business under a different name, provide that name:
    Item 7 Financial Industry Affiliations
    In this Item, we request information about your financial industry affiliations and activities. This information identifies areas in which conflicts of interest may occur between you and
    your clients.
    A. This part of Item 7 requires you to provide information about you and your related persons, including foreign affiliates. Your related persons are all of your advisory affiliates and any
    person that is under common control with you.
    You have a related person that is a (check all that apply):
    (1) broker-dealer, municipal securities dealer, or government securities broker or dealer (registered or unregistered)
    (2) other investment adviser (including financial planners)
    (3) registered municipal advisor
    (4) registered security-based swap dealer
    (5) major security-based swap participant
    (6) commodity pool operator or commodity trading advisor (whether registered or exempt from registration)
    (7) futures commission merchant
    (8) banking or thrift institution
    (9) trust company
    (10) accountant or accounting firm
    (11) lawyer or law firm
    (12) insurance company or agency
    (13) pension consultant
    (14) real estate broker or dealer
    (15) sponsor or syndicator of limited partnerships (or equivalent), excluding pooled investment vehicles
    (16) sponsor, general partner, managing member (or equivalent) of pooled investment vehicles
    Note that Item 7.A. should not be used to disclose that some of your employees perform investment advisory functions or are registered representatives of a broker-dealer. The
    number of your firm’s employees who perform investment advisory functions should be disclosed under Item 5.B.(1). The number of your firm’s employees who are registered
    representatives of a broker-dealer should be disclosed under Item 5.B.(2).
    Note that if you are filing an umbrella registration, you should not check Item 7.A.(2) with respect to your relying advisers, and you do not have to complete Section 7.A. in
    Schedule D for your relying advisers. You should complete a Schedule R for each relying adviser.
    For each related person, including foreign affiliates that may not be registered or required to be registered in the United States, complete Section 7.A. of Schedule D.
    You do not need to complete Section 7.A. of Schedule D for any related person if: (1) you have no business dealings with the related person in connection with advisory services
    you provide to your clients; (2) you do not conduct shared operations with the related person; (3) you do not refer clients or business to the related person, and the related person
    does not refer prospective clients or business to you; (4) you do not share supervised persons or premises with the related person; and (5) you have no reason to believe that
    your relationship with the related person otherwise creates a conflict of interest with your clients.
    You must complete Section 7.A. of Schedule D for each related person acting as qualified custodian in connection with advisory services you provide to your clients (other than
    any mutual fund transfer agent pursuant to rule 206(4)-2(b)(1)), regardless of whether you have determined the related person to be operationally independent under rule
    206(4)-2 of the Advisers Act.
    SECTION 7.A. Financial Industry Affiliations
    No Information Filed
    Item 7 Private Fund Reporting
    Yes No
    B. Are you an adviser to any private fund?
    If “yes,” then for each private fund that you advise, you must complete a Section 7.B.(1) of Schedule D, except in certain circumstances described in the next sentence and in
    Instruction 6 of the Instructions to Part 1A. If you are registered or applying for registration with the SEC or reporting as an SEC exempt reporting adviser, and another SEC-registered
    adviser or SEC exempt reporting adviser reports this information with respect to any such private fund in Section 7.B.(1) of Schedule D of its Form ADV (e.g., if you are a subadviser),
    do not complete Section 7.B.(1) of Schedule D with respect to that private fund. You must, instead, complete Section 7.B.(2) of Schedule D.
    In either case, if you seek to preserve the anonymity of a private fund client by maintaining its identity in your books and records in numerical or alphabetical code, or similar
    designation, pursuant to rule 204-2(d), you may identify the private fund in Section 7.B.(1) or 7.B.(2) of Schedule D using the same code or designation in place of the fund’s name.
    SECTION 7.B.(1) Private Fund Reporting
    A. PRIVATE FUND
    Information About the Private Fund
  30. (a) Name of the private fund:
    NOTION CAPITAL 2 LP
    (b) Private fund identification number:
    (include the “805-” prefix also)
    805-6271914669
  31. Under the laws of what state or country is the private fund organized:
    State: Country:
    United Kingdom
  32. (a) Name(s) of General Partner, Manager, Trustee, or Directors (or persons serving in a similar capacity):
    Name of General Partner, Manager, Trustee, or Director
    NOTION CAPITAL MANAGERS LLP
    (b) If filing an umbrella registration, identify the filing adviser and/or relying adviser(s) that sponsor(s) or manage(s) this private fund.
    No Information Filed
  33. The private fund (check all that apply; you must check at least one):
    (1) qualifies for the exclusion from the definition of investment company under section 3(c)(1) of the Investment Company Act of 1940
    (2) qualifies for the exclusion from the definition of investment company under section 3(c)(7) of the Investment Company Act of 1940
  34. List the name and country, in English, of each foreign financial regulatory authority with which the private fund is registered.
    No Information Filed
    Yes No
  35. (a) Is this a “master fund” in a master-feeder arrangement?
    (b) If yes, what is the name and private fund identification number (if any) of the feeder funds investing in this private fund?
    No Information Filed
    Yes No
    (c) Is this a “feeder fund” in a master-feeder arrangement?
    (d) If yes, what is the name and private fund identification number (if any) of the master fund in which this private fund invests?
    Name of private fund:
    Private fund identification number:
    (include the “805-” prefix also)
    NOTE: You must complete question 6 for each master-feeder arrangement regardless of whether you are filing a single Schedule D, Section 7.B.(1) for the master-feeder
    arrangement or reporting on the funds separately.
  36. If you are filing a single Schedule D, Section 7.B.(1) for a master-feeder arrangement according to the instructions to this Section 7.B.(1), for each of the feeder funds answer
    the following questions:
    No Information Filed
    NOTE: For purposes of questions 6 and 7, in a master-feeder arrangement, one or more funds (“feeder funds”) invest all or substantially all of their assets in a single fund
    (“master fund”). A fund would also be a “feeder fund” investing in a “master fund” for purposes of this question if it issued multiple classes (or series) of shares or interests,
    and each class (or series) invests substantially all of its assets in a single master fund.
    Yes No
  37. (a) Is this private fund a “fund of funds”?
    NOTE: For purposes of this question only, answer “yes” if the fund invests 10 percent or more of its total assets in other pooled investment vehicles, regardless of whether
    they are also private funds or registered investment companies.
    (b) If yes, does the private fund invest in funds managed by you or by a related person?
    Yes No
  38. During your last fiscal year, did the private fund invest in securities issued by investment companies registered under the Investment Company Act of 1940 (other
    than “money market funds,” to the extent provided in Instruction 6.e.)?
  39. What type of fund is the private fund?
    hedge fund liquidity fund private equity fund real estate fund securitized asset fund venture capital fund Other private fund:
    NOTE: For definitions of these fund types, please see Instruction 6 of the Instructions to Part 1A.
  40. Current gross asset value of the private fund:
    $ 79,829,349
    Ownership
  41. Minimum investment commitment required of an investor in the private fund:
    $ 1
    NOTE: Report the amount routinely required of investors who are not your related persons (even if different from the amount set forth in the organizational documents of the
    fund).
  42. Approximate number of the private fund’s beneficial owners:
    45
  43. What is the approximate percentage of the private fund beneficially owned by you and your related persons:
    6%
  44. (a) What is the approximate percentage of the private fund beneficially owned (in the aggregate) by funds of funds:
    77%
    Yes No
    (b) If the private fund qualifies for the exclusion from the definition of investment company under section 3(c)(1) of the Investment Company Act of 1940, are sales
    of the fund limited to qualified clients?
  45. What is the approximate percentage of the private fund beneficially owned by non-United States persons:
    100%
    Your Advisory Services
    Yes No
  46. (a) Are you a subadviser to this private fund?
    (b) If the answer to question 17.(a) is “yes,” provide the name and SEC file number, if any, of the adviser of the private fund. If the answer to question 17.(a) is “no,” leave this
    question blank.
    No Information Filed
    Yes No
  47. (a) Do any investment advisers (other than the investment advisers listed in Section 7.B.(1).A.3.(b)) advise the private fund?
    (b) If the answer to question 18.(a) is “yes,” provide the name and SEC file number, if any, of the other advisers to the private fund. If the answer to question 18.(a) is “no,”
    leave this question blank.
    No Information Filed
    Yes No
  48. Are your clients solicited to invest in the private fund?
    NOTE: For purposes of this question, do not consider feeder funds of the private fund.
  49. Approximately what percentage of your clients has invested in the private fund?
    100%
    Private Offering
    Yes No
  50. Has the private fund ever relied on an exemption from registration of its securities under Regulation D of the Securities Act of 1933?
  51. If yes, provide the private fund’s Form D file number (if any):
    No Information Filed
    B. SERVICE PROVIDERS
    Auditors
    Yes No
  52. (a) (1) Are the private fund’s financial statements subject to an annual audit?
    (2) If the answer to question 23.(a)(1) is “yes,” are the financial statements prepared in accordance with U.S. GAAP?
    If the answer to question 23.(a)(1) is “yes,” respond to questions (b) through (h) below. If the private fund uses more than one auditing firm, you must complete
    questions (b) through (f) separately for each auditing firm.
    Additional Auditor Information : 1 Record(s) Filed.
    If the answer to question 23.(a)(1) is “yes,” respond to questions (b) through (h) below. If the private fund uses more than one auditing firm, you must complete
    questions (b) through (f) separately for each auditing firm.
    (b) Name of the auditing firm:
    BDO
    (c) The location of the auditing firm’s office responsible for the private fund’s audit (city, state and country):
    City:
    BRISTOL
    State: Country:
    United Kingdom
    Yes No
    (d) Is the auditing firm an independent public accountant?
    (e) Is the auditing firm registered with the Public Company Accounting Oversight Board?
    If yes, Public Company Accounting Oversight Board-Assigned Number:
    (f) If “yes” to (e) above, is the auditing firm subject to regular inspection by the Public Company Accounting Oversight Board in accordance with its rules?
    Yes No
    (g) Are the private fund’s audited financial statements for the most recently completed fiscal year distributed to the private fund’s investors?
    (h) Do all of the reports prepared by the auditing firm for the private fund since your last annual updating amendment contain unqualified opinions?
    Yes No Report Not Yet Received
    If you check “Report Not Yet Received,” you must promptly file an amendment to your Form ADV to update your response when the report is available.
    Prime Broker
    Yes No
  53. (a) Does the private fund use one or more prime brokers?
    If the answer to question 24.(a) is “yes,” respond to questions (b) through (e) below for each prime broker the private fund uses. If the private fund uses more than one
    prime broker, you must complete questions (b) through (e) separately for each prime broker.
    No Information Filed
    Custodian
    Yes No
  54. (a) Does the private fund use any custodians (including the prime brokers listed above) to hold some or all of its assets?
    If the answer to question 25.(a) is “yes,” respond to questions (b) through (g) below for each custodian the private fund uses. If the private fund uses more than one
    custodian, you must complete questions (b) through (g) separately for each custodian.
    No Information Filed
    FORM ADV
    UNIFORM APPLICATION FOR INVESTMENT ADVISER REGISTRATION AND REPORT BY EXEMPT REPORTING ADVISERS
    Primary Business Name: NOTION CAPITAL CRD Number: 301084
    Annual Amendment – All Sections Rev. 03/2020
    4/23/2020 10:38:35 AM
    WARNING: Complete this form truthfully. False statements or omissions may result in denial of your application, revocation of your registration, or criminal prosecution. You must
    keep this form updated by filing periodic amendments. See Form ADV General Instruction 4.
    Item 1 Identifying Information
    Responses to this Item tell us who you are, where you are doing business, and how we can contact you. If you are filing an umbrella registration, the information in Item 1 should be
    provided for the filing adviser only. General Instruction 5 provides information to assist you with filing an umbrella registration.
    A. Your full legal name (if you are a sole proprietor, your last, first, and middle names):
    NOTION CAPITAL MANAGERS LLP
    B. (1) Name under which you primarily conduct your advisory business, if different from Item 1.A.
    NOTION CAPITAL
    List on Section 1.B. of Schedule D any additional names under which you conduct your advisory business.
    (2) If you are using this Form ADV to register more than one investment adviser under an umbrella registration, check this box
    If you check this box, complete a Schedule R for each relying adviser.
    C. If this filing is reporting a change in your legal name (Item 1.A.) or primary business name (Item 1.B.(1)), enter the new name and specify whether the name change is of
    your legal name or your primary business name:
    D. (1) If you are registered with the SEC as an investment adviser, your SEC file number:
    (2) If you report to the SEC as an exempt reporting adviser, your SEC file number: 802-117151
    (3) If you have one or more Central Index Key numbers assigned by the SEC (“CIK Numbers”), all of your CIK numbers:
    No Information Filed
    E. (1) If you have a number (“CRD Number”) assigned by the FINRA’s CRD system or by the IARD system, your CRD number: 301084
    If your firm does not have a CRD number, skip this Item 1.E. Do not provide the CRD number of one of your officers, employees, or affiliates.
    (2) If you have additional CRD Numbers, your additional CRD numbers:
    No Information Filed
    F. Principal Office and Place of Business
    (1) Address (do not use a P.O. Box):
    Number and Street 1:
    91 WIMPOLE STREET
    Number and Street 2:
    City:
    LONDON
    State: Country:
    United Kingdom
    ZIP+4/Postal Code:
    W1G 0EF
    If this address is a private residence, check this box:
    List on Section 1.F. of Schedule D any office, other than your principal office and place of business, at which you conduct investment advisory business. If you are applying for
    registration, or are registered, with one or more state securities authorities, you must list all of your offices in the state or states to which you are applying for registration or with
    whom you are registered. If you are applying for SEC registration, if you are registered only with the SEC, or if you are reporting to the SEC as an exempt reporting adviser, list
    the largest twenty-five offices in terms of numbers of employees as of the end of your most recently completed fiscal year.
    (2) Days of week that you normally conduct business at your principal office and place of business:
    Monday – Friday Other:
    Normal business hours at this location:
    09:00 – 17:30
    (3) Telephone number at this location:
    +447919881986
    (4) Facsimile number at this location, if any:
    (5) What is the total number of offices, other than your principal office and place of business, at which you conduct investment advisory business as of the end of your most
    recently completed fiscal year?
    0
    G. Mailing address, if different from your principal office and place of business address:
    Number and Street 1: Number and Street 2:
    City: State: Country: ZIP+4/Postal Code:
    If this address is a private residence, check this box:
    H. If you are a sole proprietor, state your full residence address, if different from your principal office and place of business address in Item 1.F.:
    Number and Street 1: Number and Street 2:
    City: State: Country: ZIP+4/Postal Code:
    Yes No
    I. Do you have one or more websites or accounts on publicly available social media platforms (including, but not limited to, Twitter, Facebook and LinkedIn)?
    If “yes,” list all firm website addresses and the address for each of the firm’s accounts on publicly available social media platforms on Section 1.I. of Schedule D. If a website
    address serves as a portal through which to access other information you have published on the web, you may list the portal without listing addresses for all of the other
    information. You may need to list more than one portal address. Do not provide the addresses of websites or accounts on publicly available social media platforms where you do
    not control the content. Do not provide the individual electronic mail (e-mail) addresses of employees or the addresses of employee accounts on publicly available social media
    platforms.
    J. Chief Compliance Officer
    (1) Provide the name and contact information of your Chief Compliance Officer. If you are an exempt reporting adviser, you must provide the contact information for your Chief
    Compliance Officer, if you have one. If not, you must complete Item 1.K. below.
    Name: Other titles, if any:
    Telephone number: Facsimile number, if any:
    Number and Street 1: Number and Street 2:
    City: State: Country: ZIP+4/Postal Code:
    Electronic mail (e-mail) address, if Chief Compliance Officer has one:
    (2) If your Chief Compliance Officer is compensated or employed by any person other than you, a related person or an investment company registered under the Investment
    Company Act of 1940 that you advise for providing chief compliance officer services to you, provide the person’s name and IRS Employer Identification Number (if any):
    Name:
    IRS Employer Identification Number:
    K. Additional Regulatory Contact Person: If a person other than the Chief Compliance Officer is authorized to receive information and respond to questions about this Form ADV, you
    may provide that information here.
    Name: Titles:
    Telephone number: Facsimile number, if any:
    Number and Street 1: Number and Street 2:
    City: State: Country: ZIP+4/Postal Code:
    Electronic mail (e-mail) address, if contact person has one:
    Yes No
    L. Do you maintain some or all of the books and records you are required to keep under Section 204 of the Advisers Act, or similar state law, somewhere other than your
    principal office and place of business?
    If “yes,” complete Section 1.L. of Schedule D.
    Yes No
    M. Are you registered with a foreign financial regulatory authority?
    Answer “no” if you are not registered with a foreign financial regulatory authority, even if you have an affiliate that is registered with a foreign financial regulatory authority. If “yes,”
    complete Section 1.M. of Schedule D.
    Yes No
    N. Are you a public reporting company under Sections 12 or 15(d) of the Securities Exchange Act of 1934?
    Yes No
    O. Did you have $1 billion or more in assets on the last day of your most recent fiscal year?
    If yes, what is the approximate amount of your assets:
    $1 billion to less than $10 billion
    $10 billion to less than $50 billion
    $50 billion or more
    For purposes of Item 1.O. only, “assets” refers to your total assets, rather than the assets you manage on behalf of clients. Determine your total assets using the total assets shown
    on the balance sheet for your most recent fiscal year end.
    P. Provide your Legal Entity Identifier if you have one:
    A legal entity identifier is a unique number that companies use to identify each other in the financial marketplace. You may not have a legal entity identifier.
    SECTION 1.B. Other Business Names
    No Information Filed
    SECTION 1.F. Other Offices
    No Information Filed
    SECTION 1.I. Website Addresses
    List your website addresses, including addresses for accounts on publicly available social media platforms where you control the content (including, but not limited to, Twitter,
    Facebook and/or LinkedIn). You must complete a separate Schedule D Section 1.I. for each website or account on a publicly available social media platform.
    Address of Website/Account on Publicly Available Social Media Platform: https://notion.vc/
    SECTION 1.L. Location of Books and Records
    No Information Filed
    SECTION 1.M. Registration with Foreign Financial Regulatory Authorities
    List the name and country, in English, of each foreign financial regulatory authority with which you are registered. You must complete a separate Schedule D Section 1.M. for each
    foreign financial regulatory authority with whom you are registered.
    Name of Country/Foreign Financial Regulatory Authority:
    United Kingdom – Financial Conduct Authority
    Other:
    Item 2 SEC Registration/Reporting
    SEC Reporting by Exempt Reporting Advisers
    B. Complete this Item 2.B. only if you are reporting to the SEC as an exempt reporting adviser. Check all that apply. You:
    (1) qualify for the exemption from registration as an adviser solely to one or more venture capital funds, as defined in rule 203(l)-1;
    (2) qualify for the exemption from registration because you act solely as an adviser to private funds and have assets under management, as defined in rule 203(m)-1, in the
    United States of less than $150 million;
    (3) act solely as an adviser to private funds but you are no longer eligible to check box 2.B.(2) because you have assets under management, as defined in rule 203(m)-1, in
    the United States of $150 million or more.
    If you check box (2) or (3), complete Section 2.B. of Schedule D.
    SECTION 2.B. Private Fund Assets
    If you check Item 2.B.(2) or (3), what is the amount of the private fund assets that you manage? $ 321002333
    NOTE: “Private fund assets” has the same meaning here as it has under rule 203(m)-1. If you are an investment adviser with its principal office and place of business outside the
    United States only include private fund assets that you manage at a place of business in the United States.
    Item 3 Form of Organization
    If you are filing an umbrella registration, the information in Item 3 should be provided for the filing adviser only.
    A. How are you organized?
    Corporation
    Sole Proprietorship
    Limited Liability Partnership (LLP)
    Partnership
    Limited Liability Company (LLC)
    Limited Partnership (LP)
    Other (specify):
    If you are changing your response to this Item, see Part 1A Instruction 4.
    B. In what month does your fiscal year end each year?
    MARCH
    C. Under the laws of what state or country are you organized?
    State Country
    United Kingdom
    If you are a partnership, provide the name of the state or country under whose laws your partnership was formed. If you are a sole proprietor, provide the name of the state or
    country where you reside.
    If you are changing your response to this Item, see Part 1A Instruction 4.
    Item 6 Other Business Activities
    In this Item, we request information about your firm’s other business activities.
    A. You are actively engaged in business as a (check all that apply):
    (1) broker-dealer (registered or unregistered)
    (2) registered representative of a broker-dealer
    (3) commodity pool operator or commodity trading advisor (whether registered or exempt from registration)
    (4) futures commission merchant
    (5) real estate broker, dealer, or agent
    (6) insurance broker or agent
    (7) bank (including a separately identifiable department or division of a bank)
    (8) trust company
    (9) registered municipal advisor
    (10) registered security-based swap dealer
    (11) major security-based swap participant
    (12) accountant or accounting firm
    (13) lawyer or law firm
    (14) other financial product salesperson (specify):
    If you engage in other business using a name that is different from the names reported in Items 1.A. or 1.B.(1), complete Section 6.A. of Schedule D.
    Yes No
    B. (1) Are you actively engaged in any other business not listed in Item 6.A. (other than giving investment advice)?
    (2) If yes, is this other business your primary business?
    If “yes,” describe this other business on Section 6.B.(2) of Schedule D, and if you engage in this business under a different name, provide that name.
    Yes No
    (3) Do you sell products or provide services other than investment advice to your advisory clients?
    If “yes,” describe this other business on Section 6.B.(3) of Schedule D, and if you engage in this business under a different name, provide that name.
    SECTION 6.A. Names of Your Other Businesses
    No Information Filed
    SECTION 6.B.(2) Description of Primary Business
    Describe your primary business (not your investment advisory business):
    If you engage in that business under a different name, provide that name:
    SECTION 6.B.(3) Description of Other Products and Services
    Describe other products or services you sell to your client. You may omit products and services that you listed in Section 6.B.(2) above.
    If you engage in that business under a different name, provide that name:
    Item 7 Financial Industry Affiliations
    In this Item, we request information about your financial industry affiliations and activities. This information identifies areas in which conflicts of interest may occur between you and
    your clients.
    A. This part of Item 7 requires you to provide information about you and your related persons, including foreign affiliates. Your related persons are all of your advisory affiliates and any
    person that is under common control with you.
    You have a related person that is a (check all that apply):
    (1) broker-dealer, municipal securities dealer, or government securities broker or dealer (registered or unregistered)
    (2) other investment adviser (including financial planners)
    (3) registered municipal advisor
    (4) registered security-based swap dealer
    (5) major security-based swap participant
    (6) commodity pool operator or commodity trading advisor (whether registered or exempt from registration)
    (7) futures commission merchant
    (8) banking or thrift institution
    (9) trust company
    (10) accountant or accounting firm
    (11) lawyer or law firm
    (12) insurance company or agency
    (13) pension consultant
    (14) real estate broker or dealer
    (15) sponsor or syndicator of limited partnerships (or equivalent), excluding pooled investment vehicles
    (16) sponsor, general partner, managing member (or equivalent) of pooled investment vehicles
    Note that Item 7.A. should not be used to disclose that some of your employees perform investment advisory functions or are registered representatives of a broker-dealer. The
    number of your firm’s employees who perform investment advisory functions should be disclosed under Item 5.B.(1). The number of your firm’s employees who are registered
    representatives of a broker-dealer should be disclosed under Item 5.B.(2).
    Note that if you are filing an umbrella registration, you should not check Item 7.A.(2) with respect to your relying advisers, and you do not have to complete Section 7.A. in
    Schedule D for your relying advisers. You should complete a Schedule R for each relying adviser.
    For each related person, including foreign affiliates that may not be registered or required to be registered in the United States, complete Section 7.A. of Schedule D.
    You do not need to complete Section 7.A. of Schedule D for any related person if: (1) you have no business dealings with the related person in connection with advisory services
    you provide to your clients; (2) you do not conduct shared operations with the related person; (3) you do not refer clients or business to the related person, and the related person
    does not refer prospective clients or business to you; (4) you do not share supervised persons or premises with the related person; and (5) you have no reason to believe that
    your relationship with the related person otherwise creates a conflict of interest with your clients.
    You must complete Section 7.A. of Schedule D for each related person acting as qualified custodian in connection with advisory services you provide to your clients (other than
    any mutual fund transfer agent pursuant to rule 206(4)-2(b)(1)), regardless of whether you have determined the related person to be operationally independent under rule
    206(4)-2 of the Advisers Act.
    SECTION 7.A. Financial Industry Affiliations
    No Information Filed
    Item 7 Private Fund Reporting
    Yes No
    B. Are you an adviser to any private fund?
    If “yes,” then for each private fund that you advise, you must complete a Section 7.B.(1) of Schedule D, except in certain circumstances described in the next sentence and in
    Instruction 6 of the Instructions to Part 1A. If you are registered or applying for registration with the SEC or reporting as an SEC exempt reporting adviser, and another SEC-registered
    adviser or SEC exempt reporting adviser reports this information with respect to any such private fund in Section 7.B.(1) of Schedule D of its Form ADV (e.g., if you are a subadviser),
    do not complete Section 7.B.(1) of Schedule D with respect to that private fund. You must, instead, complete Section 7.B.(2) of Schedule D.
    In either case, if you seek to preserve the anonymity of a private fund client by maintaining its identity in your books and records in numerical or alphabetical code, or similar
    designation, pursuant to rule 204-2(d), you may identify the private fund in Section 7.B.(1) or 7.B.(2) of Schedule D using the same code or designation in place of the fund’s name.
    SECTION 7.B.(1) Private Fund Reporting
    A. PRIVATE FUND
    Information About the Private Fund
  55. (a) Name of the private fund:
    NOTION CAPITAL 2 LP
    (b) Private fund identification number:
    (include the “805-” prefix also)
    805-6271914669
  56. Under the laws of what state or country is the private fund organized:
    State: Country:
    United Kingdom
  57. (a) Name(s) of General Partner, Manager, Trustee, or Directors (or persons serving in a similar capacity):
    Name of General Partner, Manager, Trustee, or Director
    NOTION CAPITAL MANAGERS LLP
    (b) If filing an umbrella registration, identify the filing adviser and/or relying adviser(s) that sponsor(s) or manage(s) this private fund.
    No Information Filed
  58. The private fund (check all that apply; you must check at least one):
    (1) qualifies for the exclusion from the definition of investment company under section 3(c)(1) of the Investment Company Act of 1940
    (2) qualifies for the exclusion from the definition of investment company under section 3(c)(7) of the Investment Company Act of 1940
  59. List the name and country, in English, of each foreign financial regulatory authority with which the private fund is registered.
    No Information Filed
    Yes No
  60. (a) Is this a “master fund” in a master-feeder arrangement?
    (b) If yes, what is the name and private fund identification number (if any) of the feeder funds investing in this private fund?
    No Information Filed
    Yes No
    (c) Is this a “feeder fund” in a master-feeder arrangement?
    (d) If yes, what is the name and private fund identification number (if any) of the master fund in which this private fund invests?
    Name of private fund:
    Private fund identification number:
    (include the “805-” prefix also)
    NOTE: You must complete question 6 for each master-feeder arrangement regardless of whether you are filing a single Schedule D, Section 7.B.(1) for the master-feeder
    arrangement or reporting on the funds separately.
  61. If you are filing a single Schedule D, Section 7.B.(1) for a master-feeder arrangement according to the instructions to this Section 7.B.(1), for each of the feeder funds answer
    the following questions:
    No Information Filed
    NOTE: For purposes of questions 6 and 7, in a master-feeder arrangement, one or more funds (“feeder funds”) invest all or substantially all of their assets in a single fund
    (“master fund”). A fund would also be a “feeder fund” investing in a “master fund” for purposes of this question if it issued multiple classes (or series) of shares or interests,
    and each class (or series) invests substantially all of its assets in a single master fund.
    Yes No
  62. (a) Is this private fund a “fund of funds”?
    NOTE: For purposes of this question only, answer “yes” if the fund invests 10 percent or more of its total assets in other pooled investment vehicles, regardless of whether
    they are also private funds or registered investment companies.
    (b) If yes, does the private fund invest in funds managed by you or by a related person?
    Yes No
  63. During your last fiscal year, did the private fund invest in securities issued by investment companies registered under the Investment Company Act of 1940 (other
    than “money market funds,” to the extent provided in Instruction 6.e.)?
  64. What type of fund is the private fund?
    hedge fund liquidity fund private equity fund real estate fund securitized asset fund venture capital fund Other private fund:
    NOTE: For definitions of these fund types, please see Instruction 6 of the Instructions to Part 1A.
  65. Current gross asset value of the private fund:
    $ 79,829,349
    Ownership
  66. Minimum investment commitment required of an investor in the private fund:
    $ 1
    NOTE: Report the amount routinely required of investors who are not your related persons (even if different from the amount set forth in the organizational documents of the
    fund).
  67. Approximate number of the private fund’s beneficial owners:
    45
  68. What is the approximate percentage of the private fund beneficially owned by you and your related persons:
    6%
  69. (a) What is the approximate percentage of the private fund beneficially owned (in the aggregate) by funds of funds:
    77%
    Yes No
    (b) If the private fund qualifies for the exclusion from the definition of investment company under section 3(c)(1) of the Investment Company Act of 1940, are sales
    of the fund limited to qualified clients?
  70. What is the approximate percentage of the private fund beneficially owned by non-United States persons:
    100%
    Your Advisory Services
    Yes No
  71. (a) Are you a subadviser to this private fund?
    (b) If the answer to question 17.(a) is “yes,” provide the name and SEC file number, if any, of the adviser of the private fund. If the answer to question 17.(a) is “no,” leave this
    question blank.
    No Information Filed
    Yes No
  72. (a) Do any investment advisers (other than the investment advisers listed in Section 7.B.(1).A.3.(b)) advise the private fund?
    (b) If the answer to question 18.(a) is “yes,” provide the name and SEC file number, if any, of the other advisers to the private fund. If the answer to question 18.(a) is “no,”
    leave this question blank.
    No Information Filed
    Yes No
  73. Are your clients solicited to invest in the private fund?
    NOTE: For purposes of this question, do not consider feeder funds of the private fund.
  74. Approximately what percentage of your clients has invested in the private fund?
    100%
    Private Offering
    Yes No
  75. Has the private fund ever relied on an exemption from registration of its securities under Regulation D of the Securities Act of 1933?
  76. If yes, provide the private fund’s Form D file number (if any):
    No Information Filed
    B. SERVICE PROVIDERS
    Auditors
    Yes No
  77. (a) (1) Are the private fund’s financial statements subject to an annual audit?
    (2) If the answer to question 23.(a)(1) is “yes,” are the financial statements prepared in accordance with U.S. GAAP?
    If the answer to question 23.(a)(1) is “yes,” respond to questions (b) through (h) below. If the private fund uses more than one auditing firm, you must complete
    questions (b) through (f) separately for each auditing firm.
    Additional Auditor Information : 1 Record(s) Filed.
    If the answer to question 23.(a)(1) is “yes,” respond to questions (b) through (h) below. If the private fund uses more than one auditing firm, you must complete
    questions (b) through (f) separately for each auditing firm.
    (b) Name of the auditing firm:
    BDO
    (c) The location of the auditing firm’s office responsible for the private fund’s audit (city, state and country):
    City:
    BRISTOL
    State: Country:
    United Kingdom
    Yes No
    (d) Is the auditing firm an independent public accountant?
    (e) Is the auditing firm registered with the Public Company Accounting Oversight Board?
    If yes, Public Company Accounting Oversight Board-Assigned Number:
    (f) If “yes” to (e) above, is the auditing firm subject to regular inspection by the Public Company Accounting Oversight Board in accordance with its rules?
    Yes No
    (g) Are the private fund’s audited financial statements for the most recently completed fiscal year distributed to the private fund’s investors?
    (h) Do all of the reports prepared by the auditing firm for the private fund since your last annual updating amendment contain unqualified opinions?
    Yes No Report Not Yet Received
    If you check “Report Not Yet Received,” you must promptly file an amendment to your Form ADV to update your response when the report is available.
    Prime Broker
    Yes No
  78. (a) Does the private fund use one or more prime brokers?
    If the answer to question 24.(a) is “yes,” respond to questions (b) through (e) below for each prime broker the private fund uses. If the private fund uses more than one
    prime broker, you must complete questions (b) through (e) separately for each prime broker.
    No Information Filed
    Custodian
    Yes No
  79. (a) Does the private fund use any custodians (including the prime brokers listed above) to hold some or all of its assets?
    If the answer to question 25.(a) is “yes,” respond to questions (b) through (g) below for each custodian the private fund uses. If the private fund uses more than one
    custodian, you must complete questions (b) through (g) separately for each custodian.
    No Information Filed
    Administrator
    Yes No
  80. (a) Does the private fund use an administrator other than your firm?
    If the answer to question 26.(a) is “yes,” respond to questions (b) through (f) below. If the private fund uses more than one administrator, you must complete questions
    (b) through (f) separately for each administrator.
    Additional Administrator Information : 1 Record(s) Filed.
    If the answer to question 26.(a) is “yes,” respond to questions (b) through (f) below. If the private fund uses more than one administrator, you must complete
    questions (b) through (f) separately for each administrator.
    (b) Name of administrator:
    LANGHAM HALL
    (c) Location of administrator (city, state and country):
    City:
    LONDON
    State: Country:
    United Kingdom
    Yes No
    (d) Is the administrator a related person of your firm?
    (e) Does the administrator prepare and send investor account statements to the private fund’s investors?
    Yes (provided to all investors) Some (provided to some but not all investors) No (provided to no investors)
    (f) If the answer to question 26.(e) is “no” or “some,” who sends the investor account statements to the (rest of the) private fund’s investors? If investor account
    statements are not sent to the (rest of the) private fund’s investors, respond “not applicable.”
  81. During your last fiscal year, what percentage of the private fund’s assets (by value) was valued by a person, such as an administrator, that is not your related person?
    0%
    Include only those assets where (i) such person carried out the valuation procedure established for that asset, if any, including obtaining any relevant quotes, and (ii) the
    valuation used for purposes of investor subscriptions, redemptions or distributions, and fee calculations (including allocations) was the valuation determined by such
    person.
    Marketers
    Yes No
  82. (a) Does the private fund use the services of someone other than you or your employees for marketing purposes?
    You must answer “yes” whether the person acts as a placement agent, consultant, finder, introducer, municipal advisor or other solicitor, or similar person. If the answer
    to question 28.(a) is “yes,” respond to questions (b) through (g) below for each such marketer the private fund uses. If the private fund uses more than one marketer you
    must complete questions (b) through (g) separately for each marketer.
    No Information Filed
    A. PRIVATE FUND
    Information About the Private Fund
  83. (a) Name of the private fund:
    NOTION CAPITAL III LP
    (b) Private fund identification number:
    (include the “805-” prefix also)
    805-7804679333
  84. Under the laws of what state or country is the private fund organized:
    State: Country:
    United Kingdom
  85. (a) Name(s) of General Partner, Manager, Trustee, or Directors (or persons serving in a similar capacity):
    Name of General Partner, Manager, Trustee, or Director
    NOTION CAPITAL MANAGERS LLP
    FORM ADV
    UNIFORM APPLICATION FOR INVESTMENT ADVISER REGISTRATION AND REPORT BY EXEMPT REPORTING ADVISERS
    Primary Business Name: NOTION CAPITAL CRD Number: 301084
    Annual Amendment – All Sections Rev. 03/2020
    4/23/2020 10:38:35 AM
    WARNING: Complete this form truthfully. False statements or omissions may result in denial of your application, revocation of your registration, or criminal prosecution. You must
    keep this form updated by filing periodic amendments. See Form ADV General Instruction 4.
    Item 1 Identifying Information
    Responses to this Item tell us who you are, where you are doing business, and how we can contact you. If you are filing an umbrella registration, the information in Item 1 should be
    provided for the filing adviser only. General Instruction 5 provides information to assist you with filing an umbrella registration.
    A. Your full legal name (if you are a sole proprietor, your last, first, and middle names):
    NOTION CAPITAL MANAGERS LLP
    B. (1) Name under which you primarily conduct your advisory business, if different from Item 1.A.
    NOTION CAPITAL
    List on Section 1.B. of Schedule D any additional names under which you conduct your advisory business.
    (2) If you are using this Form ADV to register more than one investment adviser under an umbrella registration, check this box
    If you check this box, complete a Schedule R for each relying adviser.
    C. If this filing is reporting a change in your legal name (Item 1.A.) or primary business name (Item 1.B.(1)), enter the new name and specify whether the name change is of
    your legal name or your primary business name:
    D. (1) If you are registered with the SEC as an investment adviser, your SEC file number:
    (2) If you report to the SEC as an exempt reporting adviser, your SEC file number: 802-117151
    (3) If you have one or more Central Index Key numbers assigned by the SEC (“CIK Numbers”), all of your CIK numbers:
    No Information Filed
    E. (1) If you have a number (“CRD Number”) assigned by the FINRA’s CRD system or by the IARD system, your CRD number: 301084
    If your firm does not have a CRD number, skip this Item 1.E. Do not provide the CRD number of one of your officers, employees, or affiliates.
    (2) If you have additional CRD Numbers, your additional CRD numbers:
    No Information Filed
    F. Principal Office and Place of Business
    (1) Address (do not use a P.O. Box):
    Number and Street 1:
    91 WIMPOLE STREET
    Number and Street 2:
    City:
    LONDON
    State: Country:
    United Kingdom
    ZIP+4/Postal Code:
    W1G 0EF
    If this address is a private residence, check this box:
    List on Section 1.F. of Schedule D any office, other than your principal office and place of business, at which you conduct investment advisory business. If you are applying for
    registration, or are registered, with one or more state securities authorities, you must list all of your offices in the state or states to which you are applying for registration or with
    whom you are registered. If you are applying for SEC registration, if you are registered only with the SEC, or if you are reporting to the SEC as an exempt reporting adviser, list
    the largest twenty-five offices in terms of numbers of employees as of the end of your most recently completed fiscal year.
    (2) Days of week that you normally conduct business at your principal office and place of business:
    Monday – Friday Other:
    Normal business hours at this location:
    09:00 – 17:30
    (3) Telephone number at this location:
    +447919881986
    (4) Facsimile number at this location, if any:
    (5) What is the total number of offices, other than your principal office and place of business, at which you conduct investment advisory business as of the end of your most
    recently completed fiscal year?
    0
    G. Mailing address, if different from your principal office and place of business address:
    Number and Street 1: Number and Street 2:
    City: State: Country: ZIP+4/Postal Code:
    If this address is a private residence, check this box:
    H. If you are a sole proprietor, state your full residence address, if different from your principal office and place of business address in Item 1.F.:
    Number and Street 1: Number and Street 2:
    City: State: Country: ZIP+4/Postal Code:
    Yes No
    I. Do you have one or more websites or accounts on publicly available social media platforms (including, but not limited to, Twitter, Facebook and LinkedIn)?
    If “yes,” list all firm website addresses and the address for each of the firm’s accounts on publicly available social media platforms on Section 1.I. of Schedule D. If a website
    address serves as a portal through which to access other information you have published on the web, you may list the portal without listing addresses for all of the other
    information. You may need to list more than one portal address. Do not provide the addresses of websites or accounts on publicly available social media platforms where you do
    not control the content. Do not provide the individual electronic mail (e-mail) addresses of employees or the addresses of employee accounts on publicly available social media
    platforms.
    J. Chief Compliance Officer
    (1) Provide the name and contact information of your Chief Compliance Officer. If you are an exempt reporting adviser, you must provide the contact information for your Chief
    Compliance Officer, if you have one. If not, you must complete Item 1.K. below.
    Name: Other titles, if any:
    Telephone number: Facsimile number, if any:
    Number and Street 1: Number and Street 2:
    City: State: Country: ZIP+4/Postal Code:
    Electronic mail (e-mail) address, if Chief Compliance Officer has one:
    (2) If your Chief Compliance Officer is compensated or employed by any person other than you, a related person or an investment company registered under the Investment
    Company Act of 1940 that you advise for providing chief compliance officer services to you, provide the person’s name and IRS Employer Identification Number (if any):
    Name:
    IRS Employer Identification Number:
    K. Additional Regulatory Contact Person: If a person other than the Chief Compliance Officer is authorized to receive information and respond to questions about this Form ADV, you
    may provide that information here.
    Name: Titles:
    Telephone number: Facsimile number, if any:
    Number and Street 1: Number and Street 2:
    City: State: Country: ZIP+4/Postal Code:
    Electronic mail (e-mail) address, if contact person has one:
    Yes No
    L. Do you maintain some or all of the books and records you are required to keep under Section 204 of the Advisers Act, or similar state law, somewhere other than your
    principal office and place of business?
    If “yes,” complete Section 1.L. of Schedule D.
    Yes No
    M. Are you registered with a foreign financial regulatory authority?
    Answer “no” if you are not registered with a foreign financial regulatory authority, even if you have an affiliate that is registered with a foreign financial regulatory authority. If “yes,”
    complete Section 1.M. of Schedule D.
    Yes No
    N. Are you a public reporting company under Sections 12 or 15(d) of the Securities Exchange Act of 1934?
    Yes No
    O. Did you have $1 billion or more in assets on the last day of your most recent fiscal year?
    If yes, what is the approximate amount of your assets:
    $1 billion to less than $10 billion
    $10 billion to less than $50 billion
    $50 billion or more
    For purposes of Item 1.O. only, “assets” refers to your total assets, rather than the assets you manage on behalf of clients. Determine your total assets using the total assets shown
    on the balance sheet for your most recent fiscal year end.
    P. Provide your Legal Entity Identifier if you have one:
    A legal entity identifier is a unique number that companies use to identify each other in the financial marketplace. You may not have a legal entity identifier.
    SECTION 1.B. Other Business Names
    No Information Filed
    SECTION 1.F. Other Offices
    No Information Filed
    SECTION 1.I. Website Addresses
    List your website addresses, including addresses for accounts on publicly available social media platforms where you control the content (including, but not limited to, Twitter,
    Facebook and/or LinkedIn). You must complete a separate Schedule D Section 1.I. for each website or account on a publicly available social media platform.
    Address of Website/Account on Publicly Available Social Media Platform: https://notion.vc/
    SECTION 1.L. Location of Books and Records
    No Information Filed
    SECTION 1.M. Registration with Foreign Financial Regulatory Authorities
    List the name and country, in English, of each foreign financial regulatory authority with which you are registered. You must complete a separate Schedule D Section 1.M. for each
    foreign financial regulatory authority with whom you are registered.
    Name of Country/Foreign Financial Regulatory Authority:
    United Kingdom – Financial Conduct Authority
    Other:
    Item 2 SEC Registration/Reporting
    SEC Reporting by Exempt Reporting Advisers
    B. Complete this Item 2.B. only if you are reporting to the SEC as an exempt reporting adviser. Check all that apply. You:
    (1) qualify for the exemption from registration as an adviser solely to one or more venture capital funds, as defined in rule 203(l)-1;
    (2) qualify for the exemption from registration because you act solely as an adviser to private funds and have assets under management, as defined in rule 203(m)-1, in the
    United States of less than $150 million;
    (3) act solely as an adviser to private funds but you are no longer eligible to check box 2.B.(2) because you have assets under management, as defined in rule 203(m)-1, in
    the United States of $150 million or more.
    If you check box (2) or (3), complete Section 2.B. of Schedule D.
    SECTION 2.B. Private Fund Assets
    If you check Item 2.B.(2) or (3), what is the amount of the private fund assets that you manage? $ 321002333
    NOTE: “Private fund assets” has the same meaning here as it has under rule 203(m)-1. If you are an investment adviser with its principal office and place of business outside the
    United States only include private fund assets that you manage at a place of business in the United States.
    Item 3 Form of Organization
    If you are filing an umbrella registration, the information in Item 3 should be provided for the filing adviser only.
    A. How are you organized?
    Corporation
    Sole Proprietorship
    Limited Liability Partnership (LLP)
    Partnership
    Limited Liability Company (LLC)
    Limited Partnership (LP)
    Other (specify):
    If you are changing your response to this Item, see Part 1A Instruction 4.
    B. In what month does your fiscal year end each year?
    MARCH
    C. Under the laws of what state or country are you organized?
    State Country
    United Kingdom
    If you are a partnership, provide the name of the state or country under whose laws your partnership was formed. If you are a sole proprietor, provide the name of the state or
    country where you reside.
    If you are changing your response to this Item, see Part 1A Instruction 4.
    Item 6 Other Business Activities
    In this Item, we request information about your firm’s other business activities.
    A. You are actively engaged in business as a (check all that apply):
    (1) broker-dealer (registered or unregistered)
    (2) registered representative of a broker-dealer
    (3) commodity pool operator or commodity trading advisor (whether registered or exempt from registration)
    (4) futures commission merchant
    (5) real estate broker, dealer, or agent
    (6) insurance broker or agent
    (7) bank (including a separately identifiable department or division of a bank)
    (8) trust company
    (9) registered municipal advisor
    (10) registered security-based swap dealer
    (11) major security-based swap participant
    (12) accountant or accounting firm
    (13) lawyer or law firm
    (14) other financial product salesperson (specify):
    If you engage in other business using a name that is different from the names reported in Items 1.A. or 1.B.(1), complete Section 6.A. of Schedule D.
    Yes No
    B. (1) Are you actively engaged in any other business not listed in Item 6.A. (other than giving investment advice)?
    (2) If yes, is this other business your primary business?
    If “yes,” describe this other business on Section 6.B.(2) of Schedule D, and if you engage in this business under a different name, provide that name.
    Yes No
    (3) Do you sell products or provide services other than investment advice to your advisory clients?
    If “yes,” describe this other business on Section 6.B.(3) of Schedule D, and if you engage in this business under a different name, provide that name.
    SECTION 6.A. Names of Your Other Businesses
    No Information Filed
    SECTION 6.B.(2) Description of Primary Business
    Describe your primary business (not your investment advisory business):
    If you engage in that business under a different name, provide that name:
    SECTION 6.B.(3) Description of Other Products and Services
    Describe other products or services you sell to your client. You may omit products and services that you listed in Section 6.B.(2) above.
    If you engage in that business under a different name, provide that name:
    Item 7 Financial Industry Affiliations
    In this Item, we request information about your financial industry affiliations and activities. This information identifies areas in which conflicts of interest may occur between you and
    your clients.
    A. This part of Item 7 requires you to provide information about you and your related persons, including foreign affiliates. Your related persons are all of your advisory affiliates and any
    person that is under common control with you.
    You have a related person that is a (check all that apply):
    (1) broker-dealer, municipal securities dealer, or government securities broker or dealer (registered or unregistered)
    (2) other investment adviser (including financial planners)
    (3) registered municipal advisor
    (4) registered security-based swap dealer
    (5) major security-based swap participant
    (6) commodity pool operator or commodity trading advisor (whether registered or exempt from registration)
    (7) futures commission merchant
    (8) banking or thrift institution
    (9) trust company
    (10) accountant or accounting firm
    (11) lawyer or law firm
    (12) insurance company or agency
    (13) pension consultant
    (14) real estate broker or dealer
    (15) sponsor or syndicator of limited partnerships (or equivalent), excluding pooled investment vehicles
    (16) sponsor, general partner, managing member (or equivalent) of pooled investment vehicles
    Note that Item 7.A. should not be used to disclose that some of your employees perform investment advisory functions or are registered representatives of a broker-dealer. The
    number of your firm’s employees who perform investment advisory functions should be disclosed under Item 5.B.(1). The number of your firm’s employees who are registered
    representatives of a broker-dealer should be disclosed under Item 5.B.(2).
    Note that if you are filing an umbrella registration, you should not check Item 7.A.(2) with respect to your relying advisers, and you do not have to complete Section 7.A. in
    Schedule D for your relying advisers. You should complete a Schedule R for each relying adviser.
    For each related person, including foreign affiliates that may not be registered or required to be registered in the United States, complete Section 7.A. of Schedule D.
    You do not need to complete Section 7.A. of Schedule D for any related person if: (1) you have no business dealings with the related person in connection with advisory services
    you provide to your clients; (2) you do not conduct shared operations with the related person; (3) you do not refer clients or business to the related person, and the related person
    does not refer prospective clients or business to you; (4) you do not share supervised persons or premises with the related person; and (5) you have no reason to believe that
    your relationship with the related person otherwise creates a conflict of interest with your clients.
    You must complete Section 7.A. of Schedule D for each related person acting as qualified custodian in connection with advisory services you provide to your clients (other than
    any mutual fund transfer agent pursuant to rule 206(4)-2(b)(1)), regardless of whether you have determined the related person to be operationally independent under rule
    206(4)-2 of the Advisers Act.
    SECTION 7.A. Financial Industry Affiliations
    No Information Filed
    Item 7 Private Fund Reporting
    Yes No
    B. Are you an adviser to any private fund?
    If “yes,” then for each private fund that you advise, you must complete a Section 7.B.(1) of Schedule D, except in certain circumstances described in the next sentence and in
    Instruction 6 of the Instructions to Part 1A. If you are registered or applying for registration with the SEC or reporting as an SEC exempt reporting adviser, and another SEC-registered
    adviser or SEC exempt reporting adviser reports this information with respect to any such private fund in Section 7.B.(1) of Schedule D of its Form ADV (e.g., if you are a subadviser),
    do not complete Section 7.B.(1) of Schedule D with respect to that private fund. You must, instead, complete Section 7.B.(2) of Schedule D.
    In either case, if you seek to preserve the anonymity of a private fund client by maintaining its identity in your books and records in numerical or alphabetical code, or similar
    designation, pursuant to rule 204-2(d), you may identify the private fund in Section 7.B.(1) or 7.B.(2) of Schedule D using the same code or designation in place of the fund’s name.
    SECTION 7.B.(1) Private Fund Reporting
    A. PRIVATE FUND
    Information About the Private Fund
  86. (a) Name of the private fund:
    NOTION CAPITAL 2 LP
    (b) Private fund identification number:
    (include the “805-” prefix also)
    805-6271914669
  87. Under the laws of what state or country is the private fund organized:
    State: Country:
    United Kingdom
  88. (a) Name(s) of General Partner, Manager, Trustee, or Directors (or persons serving in a similar capacity):
    Name of General Partner, Manager, Trustee, or Director
    NOTION CAPITAL MANAGERS LLP
    (b) If filing an umbrella registration, identify the filing adviser and/or relying adviser(s) that sponsor(s) or manage(s) this private fund.
    No Information Filed
  89. The private fund (check all that apply; you must check at least one):
    (1) qualifies for the exclusion from the definition of investment company under section 3(c)(1) of the Investment Company Act of 1940
    (2) qualifies for the exclusion from the definition of investment company under section 3(c)(7) of the Investment Company Act of 1940
  90. List the name and country, in English, of each foreign financial regulatory authority with which the private fund is registered.
    No Information Filed
    Yes No
  91. (a) Is this a “master fund” in a master-feeder arrangement?
    (b) If yes, what is the name and private fund identification number (if any) of the feeder funds investing in this private fund?
    No Information Filed
    Yes No
    (c) Is this a “feeder fund” in a master-feeder arrangement?
    (d) If yes, what is the name and private fund identification number (if any) of the master fund in which this private fund invests?
    Name of private fund:
    Private fund identification number:
    (include the “805-” prefix also)
    NOTE: You must complete question 6 for each master-feeder arrangement regardless of whether you are filing a single Schedule D, Section 7.B.(1) for the master-feeder
    arrangement or reporting on the funds separately.
  92. If you are filing a single Schedule D, Section 7.B.(1) for a master-feeder arrangement according to the instructions to this Section 7.B.(1), for each of the feeder funds answer
    the following questions:
    No Information Filed
    NOTE: For purposes of questions 6 and 7, in a master-feeder arrangement, one or more funds (“feeder funds”) invest all or substantially all of their assets in a single fund
    (“master fund”). A fund would also be a “feeder fund” investing in a “master fund” for purposes of this question if it issued multiple classes (or series) of shares or interests,
    and each class (or series) invests substantially all of its assets in a single master fund.
    Yes No
  93. (a) Is this private fund a “fund of funds”?
    NOTE: For purposes of this question only, answer “yes” if the fund invests 10 percent or more of its total assets in other pooled investment vehicles, regardless of whether
    they are also private funds or registered investment companies.
    (b) If yes, does the private fund invest in funds managed by you or by a related person?
    Yes No
  94. During your last fiscal year, did the private fund invest in securities issued by investment companies registered under the Investment Company Act of 1940 (other
    than “money market funds,” to the extent provided in Instruction 6.e.)?
  95. What type of fund is the private fund?
    hedge fund liquidity fund private equity fund real estate fund securitized asset fund venture capital fund Other private fund:
    NOTE: For definitions of these fund types, please see Instruction 6 of the Instructions to Part 1A.
  96. Current gross asset value of the private fund:
    $ 79,829,349
    Ownership
  97. Minimum investment commitment required of an investor in the private fund:
    $ 1
    NOTE: Report the amount routinely required of investors who are not your related persons (even if different from the amount set forth in the organizational documents of the
    fund).
  98. Approximate number of the private fund’s beneficial owners:
    45
  99. What is the approximate percentage of the private fund beneficially owned by you and your related persons:
    6%
  100. (a) What is the approximate percentage of the private fund beneficially owned (in the aggregate) by funds of funds:
    77%
    Yes No
    (b) If the private fund qualifies for the exclusion from the definition of investment company under section 3(c)(1) of the Investment Company Act of 1940, are sales
    of the fund limited to qualified clients?
  101. What is the approximate percentage of the private fund beneficially owned by non-United States persons:
    100%
    Your Advisory Services
    Yes No
  102. (a) Are you a subadviser to this private fund?
    (b) If the answer to question 17.(a) is “yes,” provide the name and SEC file number, if any, of the adviser of the private fund. If the answer to question 17.(a) is “no,” leave this
    question blank.
    No Information Filed
    Yes No
  103. (a) Do any investment advisers (other than the investment advisers listed in Section 7.B.(1).A.3.(b)) advise the private fund?
    (b) If the answer to question 18.(a) is “yes,” provide the name and SEC file number, if any, of the other advisers to the private fund. If the answer to question 18.(a) is “no,”
    leave this question blank.
    No Information Filed
    Yes No
  104. Are your clients solicited to invest in the private fund?
    NOTE: For purposes of this question, do not consider feeder funds of the private fund.
  105. Approximately what percentage of your clients has invested in the private fund?
    100%
    Private Offering
    Yes No
  106. Has the private fund ever relied on an exemption from registration of its securities under Regulation D of the Securities Act of 1933?
  107. If yes, provide the private fund’s Form D file number (if any):
    No Information Filed
    B. SERVICE PROVIDERS
    Auditors
    Yes No
  108. (a) (1) Are the private fund’s financial statements subject to an annual audit?
    (2) If the answer to question 23.(a)(1) is “yes,” are the financial statements prepared in accordance with U.S. GAAP?
    If the answer to question 23.(a)(1) is “yes,” respond to questions (b) through (h) below. If the private fund uses more than one auditing firm, you must complete
    questions (b) through (f) separately for each auditing firm.
    Additional Auditor Information : 1 Record(s) Filed.
    If the answer to question 23.(a)(1) is “yes,” respond to questions (b) through (h) below. If the private fund uses more than one auditing firm, you must complete
    questions (b) through (f) separately for each auditing firm.
    (b) Name of the auditing firm:
    BDO
    (c) The location of the auditing firm’s office responsible for the private fund’s audit (city, state and country):
    City:
    BRISTOL
    State: Country:
    United Kingdom
    Yes No
    (d) Is the auditing firm an independent public accountant?
    (e) Is the auditing firm registered with the Public Company Accounting Oversight Board?
    If yes, Public Company Accounting Oversight Board-Assigned Number:
    (f) If “yes” to (e) above, is the auditing firm subject to regular inspection by the Public Company Accounting Oversight Board in accordance with its rules?
    Yes No
    (g) Are the private fund’s audited financial statements for the most recently completed fiscal year distributed to the private fund’s investors?
    (h) Do all of the reports prepared by the auditing firm for the private fund since your last annual updating amendment contain unqualified opinions?
    Yes No Report Not Yet Received
    If you check “Report Not Yet Received,” you must promptly file an amendment to your Form ADV to update your response when the report is available.
    Prime Broker
    Yes No
  109. (a) Does the private fund use one or more prime brokers?
    If the answer to question 24.(a) is “yes,” respond to questions (b) through (e) below for each prime broker the private fund uses. If the private fund uses more than one
    prime broker, you must complete questions (b) through (e) separately for each prime broker.
    No Information Filed
    Custodian
    Yes No
  110. (a) Does the private fund use any custodians (including the prime brokers listed above) to hold some or all of its assets?
    If the answer to question 25.(a) is “yes,” respond to questions (b) through (g) below for each custodian the private fund uses. If the private fund uses more than one
    custodian, you must complete questions (b) through (g) separately for each custodian.
    No Information Filed
    Administrator
    Yes No
  111. (a) Does the private fund use an administrator other than your firm?
    If the answer to question 26.(a) is “yes,” respond to questions (b) through (f) below. If the private fund uses more than one administrator, you must complete questions
    (b) through (f) separately for each administrator.
    Additional Administrator Information : 1 Record(s) Filed.
    If the answer to question 26.(a) is “yes,” respond to questions (b) through (f) below. If the private fund uses more than one administrator, you must complete
    questions (b) through (f) separately for each administrator.
    (b) Name of administrator:
    LANGHAM HALL
    (c) Location of administrator (city, state and country):
    City:
    LONDON
    State: Country:
    United Kingdom
    Yes No
    (d) Is the administrator a related person of your firm?
    (e) Does the administrator prepare and send investor account statements to the private fund’s investors?
    Yes (provided to all investors) Some (provided to some but not all investors) No (provided to no investors)
    (f) If the answer to question 26.(e) is “no” or “some,” who sends the investor account statements to the (rest of the) private fund’s investors? If investor account
    statements are not sent to the (rest of the) private fund’s investors, respond “not applicable.”
  112. During your last fiscal year, what percentage of the private fund’s assets (by value) was valued by a person, such as an administrator, that is not your related person?
    0%
    Include only those assets where (i) such person carried out the valuation procedure established for that asset, if any, including obtaining any relevant quotes, and (ii) the
    valuation used for purposes of investor subscriptions, redemptions or distributions, and fee calculations (including allocations) was the valuation determined by such
    person.
    Marketers
    Yes No
  113. (a) Does the private fund use the services of someone other than you or your employees for marketing purposes?
    You must answer “yes” whether the person acts as a placement agent, consultant, finder, introducer, municipal advisor or other solicitor, or similar person. If the answer
    to question 28.(a) is “yes,” respond to questions (b) through (g) below for each such marketer the private fund uses. If the private fund uses more than one marketer you
    must complete questions (b) through (g) separately for each marketer.
    No Information Filed
    A. PRIVATE FUND
    Information About the Private Fund
  114. (a) Name of the private fund:
    NOTION CAPITAL III LP
    (b) Private fund identification number:
    (include the “805-” prefix also)
    805-7804679333
  115. Under the laws of what state or country is the private fund organized:
    State: Country:
    United Kingdom
  116. (a) Name(s) of General Partner, Manager, Trustee, or Directors (or persons serving in a similar capacity):
    Name of General Partner, Manager, Trustee, or Director
    NOTION CAPITAL MANAGERS LLP
    (b) If filing an umbrella registration, identify the filing adviser and/or relying adviser(s) that sponsor(s) or manage(s) this private fund.
    No Information Filed
  117. The private fund (check all that apply; you must check at least one):
    (1) qualifies for the exclusion from the definition of investment company under section 3(c)(1) of the Investment Company Act of 1940
    (2) qualifies for the exclusion from the definition of investment company under section 3(c)(7) of the Investment Company Act of 1940
  118. List the name and country, in English, of each foreign financial regulatory authority with which the private fund is registered.
    No Information Filed
    Yes No
  119. (a) Is this a “master fund” in a master-feeder arrangement?
    (b) If yes, what is the name and private fund identification number (if any) of the feeder funds investing in this private fund?
    No Information Filed
    Yes No
    (c) Is this a “feeder fund” in a master-feeder arrangement?
    (d) If yes, what is the name and private fund identification number (if any) of the master fund in which this private fund invests?
    Name of private fund:
    Private fund identification number:
    (include the “805-” prefix also)
    NOTE: You must complete question 6 for each master-feeder arrangement regardless of whether you are filing a single Schedule D, Section 7.B.(1) for the master-feeder
    arrangement or reporting on the funds separately.
  120. If you are filing a single Schedule D, Section 7.B.(1) for a master-feeder arrangement according to the instructions to this Section 7.B.(1), for each of the feeder funds answer
    the following questions:
    No Information Filed
    NOTE: For purposes of questions 6 and 7, in a master-feeder arrangement, one or more funds (“feeder funds”) invest all or substantially all of their assets in a single fund
    (“master fund”). A fund would also be a “feeder fund” investing in a “master fund” for purposes of this question if it issued multiple classes (or series) of shares or interests,
    and each class (or series) invests substantially all of its assets in a single master fund.
    Yes No
  121. (a) Is this private fund a “fund of funds”?
    NOTE: For purposes of this question only, answer “yes” if the fund invests 10 percent or more of its total assets in other pooled investment vehicles, regardless of whether
    they are also private funds or registered investment companies.
    (b) If yes, does the private fund invest in funds managed by you or by a related person?
    Yes No
  122. During your last fiscal year, did the private fund invest in securities issued by investment companies registered under the Investment Company Act of 1940 (other
    than “money market funds,” to the extent provided in Instruction 6.e.)?
  123. What type of fund is the private fund?
    hedge fund liquidity fund private equity fund real estate fund securitized asset fund venture capital fund Other private fund:
    NOTE: For definitions of these fund types, please see Instruction 6 of the Instructions to Part 1A.
  124. Current gross asset value of the private fund:
    $ 139,161,309
    Ownership
  125. Minimum investment commitment required of an investor in the private fund:
    $ 1
    NOTE: Report the amount routinely required of investors who are not your related persons (even if different from the amount set forth in the organizational documents of the
    FORM ADV
    UNIFORM APPLICATION FOR INVESTMENT ADVISER REGISTRATION AND REPORT BY EXEMPT REPORTING ADVISERS
    Primary Business Name: NOTION CAPITAL CRD Number: 301084
    Annual Amendment – All Sections Rev. 03/2020
    4/23/2020 10:38:35 AM
    WARNING: Complete this form truthfully. False statements or omissions may result in denial of your application, revocation of your registration, or criminal prosecution. You must
    keep this form updated by filing periodic amendments. See Form ADV General Instruction 4.
    Item 1 Identifying Information
    Responses to this Item tell us who you are, where you are doing business, and how we can contact you. If you are filing an umbrella registration, the information in Item 1 should be
    provided for the filing adviser only. General Instruction 5 provides information to assist you with filing an umbrella registration.
    A. Your full legal name (if you are a sole proprietor, your last, first, and middle names):
    NOTION CAPITAL MANAGERS LLP
    B. (1) Name under which you primarily conduct your advisory business, if different from Item 1.A.
    NOTION CAPITAL
    List on Section 1.B. of Schedule D any additional names under which you conduct your advisory business.
    (2) If you are using this Form ADV to register more than one investment adviser under an umbrella registration, check this box
    If you check this box, complete a Schedule R for each relying adviser.
    C. If this filing is reporting a change in your legal name (Item 1.A.) or primary business name (Item 1.B.(1)), enter the new name and specify whether the name change is of
    your legal name or your primary business name:
    D. (1) If you are registered with the SEC as an investment adviser, your SEC file number:
    (2) If you report to the SEC as an exempt reporting adviser, your SEC file number: 802-117151
    (3) If you have one or more Central Index Key numbers assigned by the SEC (“CIK Numbers”), all of your CIK numbers:
    No Information Filed
    E. (1) If you have a number (“CRD Number”) assigned by the FINRA’s CRD system or by the IARD system, your CRD number: 301084
    If your firm does not have a CRD number, skip this Item 1.E. Do not provide the CRD number of one of your officers, employees, or affiliates.
    (2) If you have additional CRD Numbers, your additional CRD numbers:
    No Information Filed
    F. Principal Office and Place of Business
    (1) Address (do not use a P.O. Box):
    Number and Street 1:
    91 WIMPOLE STREET
    Number and Street 2:
    City:
    LONDON
    State: Country:
    United Kingdom
    ZIP+4/Postal Code:
    W1G 0EF
    If this address is a private residence, check this box:
    List on Section 1.F. of Schedule D any office, other than your principal office and place of business, at which you conduct investment advisory business. If you are applying for
    registration, or are registered, with one or more state securities authorities, you must list all of your offices in the state or states to which you are applying for registration or with
    whom you are registered. If you are applying for SEC registration, if you are registered only with the SEC, or if you are reporting to the SEC as an exempt reporting adviser, list
    the largest twenty-five offices in terms of numbers of employees as of the end of your most recently completed fiscal year.
    (2) Days of week that you normally conduct business at your principal office and place of business:
    Monday – Friday Other:
    Normal business hours at this location:
    09:00 – 17:30
    (3) Telephone number at this location:
    +447919881986
    (4) Facsimile number at this location, if any:
    (5) What is the total number of offices, other than your principal office and place of business, at which you conduct investment advisory business as of the end of your most
    recently completed fiscal year?
    0
    G. Mailing address, if different from your principal office and place of business address:
    Number and Street 1: Number and Street 2:
    City: State: Country: ZIP+4/Postal Code:
    If this address is a private residence, check this box:
    H. If you are a sole proprietor, state your full residence address, if different from your principal office and place of business address in Item 1.F.:
    Number and Street 1: Number and Street 2:
    City: State: Country: ZIP+4/Postal Code:
    Yes No
    I. Do you have one or more websites or accounts on publicly available social media platforms (including, but not limited to, Twitter, Facebook and LinkedIn)?
    If “yes,” list all firm website addresses and the address for each of the firm’s accounts on publicly available social media platforms on Section 1.I. of Schedule D. If a website
    address serves as a portal through which to access other information you have published on the web, you may list the portal without listing addresses for all of the other
    information. You may need to list more than one portal address. Do not provide the addresses of websites or accounts on publicly available social media platforms where you do
    not control the content. Do not provide the individual electronic mail (e-mail) addresses of employees or the addresses of employee accounts on publicly available social media
    platforms.
    J. Chief Compliance Officer
    (1) Provide the name and contact information of your Chief Compliance Officer. If you are an exempt reporting adviser, you must provide the contact information for your Chief
    Compliance Officer, if you have one. If not, you must complete Item 1.K. below.
    Name: Other titles, if any:
    Telephone number: Facsimile number, if any:
    Number and Street 1: Number and Street 2:
    City: State: Country: ZIP+4/Postal Code:
    Electronic mail (e-mail) address, if Chief Compliance Officer has one:
    (2) If your Chief Compliance Officer is compensated or employed by any person other than you, a related person or an investment company registered under the Investment
    Company Act of 1940 that you advise for providing chief compliance officer services to you, provide the person’s name and IRS Employer Identification Number (if any):
    Name:
    IRS Employer Identification Number:
    K. Additional Regulatory Contact Person: If a person other than the Chief Compliance Officer is authorized to receive information and respond to questions about this Form ADV, you
    may provide that information here.
    Name: Titles:
    Telephone number: Facsimile number, if any:
    Number and Street 1: Number and Street 2:
    City: State: Country: ZIP+4/Postal Code:
    Electronic mail (e-mail) address, if contact person has one:
    Yes No
    L. Do you maintain some or all of the books and records you are required to keep under Section 204 of the Advisers Act, or similar state law, somewhere other than your
    principal office and place of business?
    If “yes,” complete Section 1.L. of Schedule D.
    Yes No
    M. Are you registered with a foreign financial regulatory authority?
    Answer “no” if you are not registered with a foreign financial regulatory authority, even if you have an affiliate that is registered with a foreign financial regulatory authority. If “yes,”
    complete Section 1.M. of Schedule D.
    Yes No
    N. Are you a public reporting company under Sections 12 or 15(d) of the Securities Exchange Act of 1934?
    Yes No
    O. Did you have $1 billion or more in assets on the last day of your most recent fiscal year?
    If yes, what is the approximate amount of your assets:
    $1 billion to less than $10 billion
    $10 billion to less than $50 billion
    $50 billion or more
    For purposes of Item 1.O. only, “assets” refers to your total assets, rather than the assets you manage on behalf of clients. Determine your total assets using the total assets shown
    on the balance sheet for your most recent fiscal year end.
    P. Provide your Legal Entity Identifier if you have one:
    A legal entity identifier is a unique number that companies use to identify each other in the financial marketplace. You may not have a legal entity identifier.
    SECTION 1.B. Other Business Names
    No Information Filed
    SECTION 1.F. Other Offices
    No Information Filed
    SECTION 1.I. Website Addresses
    List your website addresses, including addresses for accounts on publicly available social media platforms where you control the content (including, but not limited to, Twitter,
    Facebook and/or LinkedIn). You must complete a separate Schedule D Section 1.I. for each website or account on a publicly available social media platform.
    Address of Website/Account on Publicly Available Social Media Platform: https://notion.vc/
    SECTION 1.L. Location of Books and Records
    No Information Filed
    SECTION 1.M. Registration with Foreign Financial Regulatory Authorities
    List the name and country, in English, of each foreign financial regulatory authority with which you are registered. You must complete a separate Schedule D Section 1.M. for each
    foreign financial regulatory authority with whom you are registered.
    Name of Country/Foreign Financial Regulatory Authority:
    United Kingdom – Financial Conduct Authority
    Other:
    Item 2 SEC Registration/Reporting
    SEC Reporting by Exempt Reporting Advisers
    B. Complete this Item 2.B. only if you are reporting to the SEC as an exempt reporting adviser. Check all that apply. You:
    (1) qualify for the exemption from registration as an adviser solely to one or more venture capital funds, as defined in rule 203(l)-1;
    (2) qualify for the exemption from registration because you act solely as an adviser to private funds and have assets under management, as defined in rule 203(m)-1, in the
    United States of less than $150 million;
    (3) act solely as an adviser to private funds but you are no longer eligible to check box 2.B.(2) because you have assets under management, as defined in rule 203(m)-1, in
    the United States of $150 million or more.
    If you check box (2) or (3), complete Section 2.B. of Schedule D.
    SECTION 2.B. Private Fund Assets
    If you check Item 2.B.(2) or (3), what is the amount of the private fund assets that you manage? $ 321002333
    NOTE: “Private fund assets” has the same meaning here as it has under rule 203(m)-1. If you are an investment adviser with its principal office and place of business outside the
    United States only include private fund assets that you manage at a place of business in the United States.
    Item 3 Form of Organization
    If you are filing an umbrella registration, the information in Item 3 should be provided for the filing adviser only.
    A. How are you organized?
    Corporation
    Sole Proprietorship
    Limited Liability Partnership (LLP)
    Partnership
    Limited Liability Company (LLC)
    Limited Partnership (LP)
    Other (specify):
    If you are changing your response to this Item, see Part 1A Instruction 4.
    B. In what month does your fiscal year end each year?
    MARCH
    C. Under the laws of what state or country are you organized?
    State Country
    United Kingdom
    If you are a partnership, provide the name of the state or country under whose laws your partnership was formed. If you are a sole proprietor, provide the name of the state or
    country where you reside.
    If you are changing your response to this Item, see Part 1A Instruction 4.
    Item 6 Other Business Activities
    In this Item, we request information about your firm’s other business activities.
    A. You are actively engaged in business as a (check all that apply):
    (1) broker-dealer (registered or unregistered)
    (2) registered representative of a broker-dealer
    (3) commodity pool operator or commodity trading advisor (whether registered or exempt from registration)
    (4) futures commission merchant
    (5) real estate broker, dealer, or agent
    (6) insurance broker or agent
    (7) bank (including a separately identifiable department or division of a bank)
    (8) trust company
    (9) registered municipal advisor
    (10) registered security-based swap dealer
    (11) major security-based swap participant
    (12) accountant or accounting firm
    (13) lawyer or law firm
    (14) other financial product salesperson (specify):
    If you engage in other business using a name that is different from the names reported in Items 1.A. or 1.B.(1), complete Section 6.A. of Schedule D.
    Yes No
    B. (1) Are you actively engaged in any other business not listed in Item 6.A. (other than giving investment advice)?
    (2) If yes, is this other business your primary business?
    If “yes,” describe this other business on Section 6.B.(2) of Schedule D, and if you engage in this business under a different name, provide that name.
    Yes No
    (3) Do you sell products or provide services other than investment advice to your advisory clients?
    If “yes,” describe this other business on Section 6.B.(3) of Schedule D, and if you engage in this business under a different name, provide that name.
    SECTION 6.A. Names of Your Other Businesses
    No Information Filed
    SECTION 6.B.(2) Description of Primary Business
    Describe your primary business (not your investment advisory business):
    If you engage in that business under a different name, provide that name:
    SECTION 6.B.(3) Description of Other Products and Services
    Describe other products or services you sell to your client. You may omit products and services that you listed in Section 6.B.(2) above.
    If you engage in that business under a different name, provide that name:
    Item 7 Financial Industry Affiliations
    In this Item, we request information about your financial industry affiliations and activities. This information identifies areas in which conflicts of interest may occur between you and
    your clients.
    A. This part of Item 7 requires you to provide information about you and your related persons, including foreign affiliates. Your related persons are all of your advisory affiliates and any
    person that is under common control with you.
    You have a related person that is a (check all that apply):
    (1) broker-dealer, municipal securities dealer, or government securities broker or dealer (registered or unregistered)
    (2) other investment adviser (including financial planners)
    (3) registered municipal advisor
    (4) registered security-based swap dealer
    (5) major security-based swap participant
    (6) commodity pool operator or commodity trading advisor (whether registered or exempt from registration)
    (7) futures commission merchant
    (8) banking or thrift institution
    (9) trust company
    (10) accountant or accounting firm
    (11) lawyer or law firm
    (12) insurance company or agency
    (13) pension consultant
    (14) real estate broker or dealer
    (15) sponsor or syndicator of limited partnerships (or equivalent), excluding pooled investment vehicles
    (16) sponsor, general partner, managing member (or equivalent) of pooled investment vehicles
    Note that Item 7.A. should not be used to disclose that some of your employees perform investment advisory functions or are registered representatives of a broker-dealer. The
    number of your firm’s employees who perform investment advisory functions should be disclosed under Item 5.B.(1). The number of your firm’s employees who are registered
    representatives of a broker-dealer should be disclosed under Item 5.B.(2).
    Note that if you are filing an umbrella registration, you should not check Item 7.A.(2) with respect to your relying advisers, and you do not have to complete Section 7.A. in
    Schedule D for your relying advisers. You should complete a Schedule R for each relying adviser.
    For each related person, including foreign affiliates that may not be registered or required to be registered in the United States, complete Section 7.A. of Schedule D.
    You do not need to complete Section 7.A. of Schedule D for any related person if: (1) you have no business dealings with the related person in connection with advisory services
    you provide to your clients; (2) you do not conduct shared operations with the related person; (3) you do not refer clients or business to the related person, and the related person
    does not refer prospective clients or business to you; (4) you do not share supervised persons or premises with the related person; and (5) you have no reason to believe that
    your relationship with the related person otherwise creates a conflict of interest with your clients.
    You must complete Section 7.A. of Schedule D for each related person acting as qualified custodian in connection with advisory services you provide to your clients (other than
    any mutual fund transfer agent pursuant to rule 206(4)-2(b)(1)), regardless of whether you have determined the related person to be operationally independent under rule
    206(4)-2 of the Advisers Act.
    SECTION 7.A. Financial Industry Affiliations
    No Information Filed
    Item 7 Private Fund Reporting
    Yes No
    B. Are you an adviser to any private fund?
    If “yes,” then for each private fund that you advise, you must complete a Section 7.B.(1) of Schedule D, except in certain circumstances described in the next sentence and in
    Instruction 6 of the Instructions to Part 1A. If you are registered or applying for registration with the SEC or reporting as an SEC exempt reporting adviser, and another SEC-registered
    adviser or SEC exempt reporting adviser reports this information with respect to any such private fund in Section 7.B.(1) of Schedule D of its Form ADV (e.g., if you are a subadviser),
    do not complete Section 7.B.(1) of Schedule D with respect to that private fund. You must, instead, complete Section 7.B.(2) of Schedule D.
    In either case, if you seek to preserve the anonymity of a private fund client by maintaining its identity in your books and records in numerical or alphabetical code, or similar
    designation, pursuant to rule 204-2(d), you may identify the private fund in Section 7.B.(1) or 7.B.(2) of Schedule D using the same code or designation in place of the fund’s name.
    SECTION 7.B.(1) Private Fund Reporting
    A. PRIVATE FUND
    Information About the Private Fund
  126. (a) Name of the private fund:
    NOTION CAPITAL 2 LP
    (b) Private fund identification number:
    (include the “805-” prefix also)
    805-6271914669
  127. Under the laws of what state or country is the private fund organized:
    State: Country:
    United Kingdom
  128. (a) Name(s) of General Partner, Manager, Trustee, or Directors (or persons serving in a similar capacity):
    Name of General Partner, Manager, Trustee, or Director
    NOTION CAPITAL MANAGERS LLP
    (b) If filing an umbrella registration, identify the filing adviser and/or relying adviser(s) that sponsor(s) or manage(s) this private fund.
    No Information Filed
  129. The private fund (check all that apply; you must check at least one):
    (1) qualifies for the exclusion from the definition of investment company under section 3(c)(1) of the Investment Company Act of 1940
    (2) qualifies for the exclusion from the definition of investment company under section 3(c)(7) of the Investment Company Act of 1940
  130. List the name and country, in English, of each foreign financial regulatory authority with which the private fund is registered.
    No Information Filed
    Yes No
  131. (a) Is this a “master fund” in a master-feeder arrangement?
    (b) If yes, what is the name and private fund identification number (if any) of the feeder funds investing in this private fund?
    No Information Filed
    Yes No
    (c) Is this a “feeder fund” in a master-feeder arrangement?
    (d) If yes, what is the name and private fund identification number (if any) of the master fund in which this private fund invests?
    Name of private fund:
    Private fund identification number:
    (include the “805-” prefix also)
    NOTE: You must complete question 6 for each master-feeder arrangement regardless of whether you are filing a single Schedule D, Section 7.B.(1) for the master-feeder
    arrangement or reporting on the funds separately.
  132. If you are filing a single Schedule D, Section 7.B.(1) for a master-feeder arrangement according to the instructions to this Section 7.B.(1), for each of the feeder funds answer
    the following questions:
    No Information Filed
    NOTE: For purposes of questions 6 and 7, in a master-feeder arrangement, one or more funds (“feeder funds”) invest all or substantially all of their assets in a single fund
    (“master fund”). A fund would also be a “feeder fund” investing in a “master fund” for purposes of this question if it issued multiple classes (or series) of shares or interests,
    and each class (or series) invests substantially all of its assets in a single master fund.
    Yes No
  133. (a) Is this private fund a “fund of funds”?
    NOTE: For purposes of this question only, answer “yes” if the fund invests 10 percent or more of its total assets in other pooled investment vehicles, regardless of whether
    they are also private funds or registered investment companies.
    (b) If yes, does the private fund invest in funds managed by you or by a related person?
    Yes No
  134. During your last fiscal year, did the private fund invest in securities issued by investment companies registered under the Investment Company Act of 1940 (other
    than “money market funds,” to the extent provided in Instruction 6.e.)?
  135. What type of fund is the private fund?
    hedge fund liquidity fund private equity fund real estate fund securitized asset fund venture capital fund Other private fund:
    NOTE: For definitions of these fund types, please see Instruction 6 of the Instructions to Part 1A.
  136. Current gross asset value of the private fund:
    $ 79,829,349
    Ownership
  137. Minimum investment commitment required of an investor in the private fund:
    $ 1
    NOTE: Report the amount routinely required of investors who are not your related persons (even if different from the amount set forth in the organizational documents of the
    fund).
  138. Approximate number of the private fund’s beneficial owners:
    45
  139. What is the approximate percentage of the private fund beneficially owned by you and your related persons:
    6%
  140. (a) What is the approximate percentage of the private fund beneficially owned (in the aggregate) by funds of funds:
    77%
    Yes No
    (b) If the private fund qualifies for the exclusion from the definition of investment company under section 3(c)(1) of the Investment Company Act of 1940, are sales
    of the fund limited to qualified clients?
  141. What is the approximate percentage of the private fund beneficially owned by non-United States persons:
    100%
    Your Advisory Services
    Yes No
  142. (a) Are you a subadviser to this private fund?
    (b) If the answer to question 17.(a) is “yes,” provide the name and SEC file number, if any, of the adviser of the private fund. If the answer to question 17.(a) is “no,” leave this
    question blank.
    No Information Filed
    Yes No
  143. (a) Do any investment advisers (other than the investment advisers listed in Section 7.B.(1).A.3.(b)) advise the private fund?
    (b) If the answer to question 18.(a) is “yes,” provide the name and SEC file number, if any, of the other advisers to the private fund. If the answer to question 18.(a) is “no,”
    leave this question blank.
    No Information Filed
    Yes No
  144. Are your clients solicited to invest in the private fund?
    NOTE: For purposes of this question, do not consider feeder funds of the private fund.
  145. Approximately what percentage of your clients has invested in the private fund?
    100%
    Private Offering
    Yes No
  146. Has the private fund ever relied on an exemption from registration of its securities under Regulation D of the Securities Act of 1933?
  147. If yes, provide the private fund’s Form D file number (if any):
    No Information Filed
    B. SERVICE PROVIDERS
    Auditors
    Yes No
  148. (a) (1) Are the private fund’s financial statements subject to an annual audit?
    (2) If the answer to question 23.(a)(1) is “yes,” are the financial statements prepared in accordance with U.S. GAAP?
    If the answer to question 23.(a)(1) is “yes,” respond to questions (b) through (h) below. If the private fund uses more than one auditing firm, you must complete
    questions (b) through (f) separately for each auditing firm.
    Additional Auditor Information : 1 Record(s) Filed.
    If the answer to question 23.(a)(1) is “yes,” respond to questions (b) through (h) below. If the private fund uses more than one auditing firm, you must complete
    questions (b) through (f) separately for each auditing firm.
    (b) Name of the auditing firm:
    BDO
    (c) The location of the auditing firm’s office responsible for the private fund’s audit (city, state and country):
    City:
    BRISTOL
    State: Country:
    United Kingdom
    Yes No
    (d) Is the auditing firm an independent public accountant?
    (e) Is the auditing firm registered with the Public Company Accounting Oversight Board?
    If yes, Public Company Accounting Oversight Board-Assigned Number:
    (f) If “yes” to (e) above, is the auditing firm subject to regular inspection by the Public Company Accounting Oversight Board in accordance with its rules?
    Yes No
    (g) Are the private fund’s audited financial statements for the most recently completed fiscal year distributed to the private fund’s investors?
    (h) Do all of the reports prepared by the auditing firm for the private fund since your last annual updating amendment contain unqualified opinions?
    Yes No Report Not Yet Received
    If you check “Report Not Yet Received,” you must promptly file an amendment to your Form ADV to update your response when the report is available.
    Prime Broker
    Yes No
  149. (a) Does the private fund use one or more prime brokers?
    If the answer to question 24.(a) is “yes,” respond to questions (b) through (e) below for each prime broker the private fund uses. If the private fund uses more than one
    prime broker, you must complete questions (b) through (e) separately for each prime broker.
    No Information Filed
    Custodian
    Yes No
  150. (a) Does the private fund use any custodians (including the prime brokers listed above) to hold some or all of its assets?
    If the answer to question 25.(a) is “yes,” respond to questions (b) through (g) below for each custodian the private fund uses. If the private fund uses more than one
    custodian, you must complete questions (b) through (g) separately for each custodian.
    No Information Filed
    Administrator
    Yes No
  151. (a) Does the private fund use an administrator other than your firm?
    If the answer to question 26.(a) is “yes,” respond to questions (b) through (f) below. If the private fund uses more than one administrator, you must complete questions
    (b) through (f) separately for each administrator.
    Additional Administrator Information : 1 Record(s) Filed.
    If the answer to question 26.(a) is “yes,” respond to questions (b) through (f) below. If the private fund uses more than one administrator, you must complete
    questions (b) through (f) separately for each administrator.
    (b) Name of administrator:
    LANGHAM HALL
    (c) Location of administrator (city, state and country):
    City:
    LONDON
    State: Country:
    United Kingdom
    Yes No
    (d) Is the administrator a related person of your firm?
    (e) Does the administrator prepare and send investor account statements to the private fund’s investors?
    Yes (provided to all investors) Some (provided to some but not all investors) No (provided to no investors)
    (f) If the answer to question 26.(e) is “no” or “some,” who sends the investor account statements to the (rest of the) private fund’s investors? If investor account
    statements are not sent to the (rest of the) private fund’s investors, respond “not applicable.”
  152. During your last fiscal year, what percentage of the private fund’s assets (by value) was valued by a person, such as an administrator, that is not your related person?
    0%
    Include only those assets where (i) such person carried out the valuation procedure established for that asset, if any, including obtaining any relevant quotes, and (ii) the
    valuation used for purposes of investor subscriptions, redemptions or distributions, and fee calculations (including allocations) was the valuation determined by such
    person.
    Marketers
    Yes No
  153. (a) Does the private fund use the services of someone other than you or your employees for marketing purposes?
    You must answer “yes” whether the person acts as a placement agent, consultant, finder, introducer, municipal advisor or other solicitor, or similar person. If the answer
    to question 28.(a) is “yes,” respond to questions (b) through (g) below for each such marketer the private fund uses. If the private fund uses more than one marketer you
    must complete questions (b) through (g) separately for each marketer.
    No Information Filed
    A. PRIVATE FUND
    Information About the Private Fund
  154. (a) Name of the private fund:
    NOTION CAPITAL III LP
    (b) Private fund identification number:
    (include the “805-” prefix also)
    805-7804679333
  155. Under the laws of what state or country is the private fund organized:
    State: Country:
    United Kingdom
  156. (a) Name(s) of General Partner, Manager, Trustee, or Directors (or persons serving in a similar capacity):
    Name of General Partner, Manager, Trustee, or Director
    NOTION CAPITAL MANAGERS LLP
    (b) If filing an umbrella registration, identify the filing adviser and/or relying adviser(s) that sponsor(s) or manage(s) this private fund.
    No Information Filed
  157. The private fund (check all that apply; you must check at least one):
    (1) qualifies for the exclusion from the definition of investment company under section 3(c)(1) of the Investment Company Act of 1940
    (2) qualifies for the exclusion from the definition of investment company under section 3(c)(7) of the Investment Company Act of 1940
  158. List the name and country, in English, of each foreign financial regulatory authority with which the private fund is registered.
    No Information Filed
    Yes No
  159. (a) Is this a “master fund” in a master-feeder arrangement?
    (b) If yes, what is the name and private fund identification number (if any) of the feeder funds investing in this private fund?
    No Information Filed
    Yes No
    (c) Is this a “feeder fund” in a master-feeder arrangement?
    (d) If yes, what is the name and private fund identification number (if any) of the master fund in which this private fund invests?
    Name of private fund:
    Private fund identification number:
    (include the “805-” prefix also)
    NOTE: You must complete question 6 for each master-feeder arrangement regardless of whether you are filing a single Schedule D, Section 7.B.(1) for the master-feeder
    arrangement or reporting on the funds separately.
  160. If you are filing a single Schedule D, Section 7.B.(1) for a master-feeder arrangement according to the instructions to this Section 7.B.(1), for each of the feeder funds answer
    the following questions:
    No Information Filed
    NOTE: For purposes of questions 6 and 7, in a master-feeder arrangement, one or more funds (“feeder funds”) invest all or substantially all of their assets in a single fund
    (“master fund”). A fund would also be a “feeder fund” investing in a “master fund” for purposes of this question if it issued multiple classes (or series) of shares or interests,
    and each class (or series) invests substantially all of its assets in a single master fund.
    Yes No
  161. (a) Is this private fund a “fund of funds”?
    NOTE: For purposes of this question only, answer “yes” if the fund invests 10 percent or more of its total assets in other pooled investment vehicles, regardless of whether
    they are also private funds or registered investment companies.
    (b) If yes, does the private fund invest in funds managed by you or by a related person?
    Yes No
  162. During your last fiscal year, did the private fund invest in securities issued by investment companies registered under the Investment Company Act of 1940 (other
    than “money market funds,” to the extent provided in Instruction 6.e.)?
  163. What type of fund is the private fund?
    hedge fund liquidity fund private equity fund real estate fund securitized asset fund venture capital fund Other private fund:
    NOTE: For definitions of these fund types, please see Instruction 6 of the Instructions to Part 1A.
  164. Current gross asset value of the private fund:
    $ 139,161,309
    Ownership
  165. Minimum investment commitment required of an investor in the private fund:
    $ 1
    NOTE: Report the amount routinely required of investors who are not your related persons (even if different from the amount set forth in the organizational documents of the
    fund).
  166. Approximate number of the private fund’s beneficial owners:
    37
  167. What is the approximate percentage of the private fund beneficially owned by you and your related persons:
    5%
  168. (a) What is the approximate percentage of the private fund beneficially owned (in the aggregate) by funds of funds:
    2%
    Yes No
    (b) If the private fund qualifies for the exclusion from the definition of investment company under section 3(c)(1) of the Investment Company Act of 1940, are sales
    of the fund limited to qualified clients?
  169. What is the approximate percentage of the private fund beneficially owned by non-United States persons:
    86%
    Your Advisory Services
    Yes No
  170. (a) Are you a subadviser to this private fund?
    (b) If the answer to question 17.(a) is “yes,” provide the name and SEC file number, if any, of the adviser of the private fund. If the answer to question 17.(a) is “no,” leave this
    question blank.
    No Information Filed
    Yes No
  171. (a) Do any investment advisers (other than the investment advisers listed in Section 7.B.(1).A.3.(b)) advise the private fund?
    (b) If the answer to question 18.(a) is “yes,” provide the name and SEC file number, if any, of the other advisers to the private fund. If the answer to question 18.(a) is “no,”
    leave this question blank.
    No Information Filed
    Yes No
  172. Are your clients solicited to invest in the private fund?
    NOTE: For purposes of this question, do not consider feeder funds of the private fund.
  173. Approximately what percentage of your clients has invested in the private fund?
    100%
    Private Offering
    Yes No
  174. Has the private fund ever relied on an exemption from registration of its securities under Regulation D of the Securities Act of 1933?
  175. If yes, provide the private fund’s Form D file number (if any):
    No Information Filed
    B. SERVICE PROVIDERS
    Auditors
    Yes No
  176. (a) (1) Are the private fund’s financial statements subject to an annual audit?
    (2) If the answer to question 23.(a)(1) is “yes,” are the financial statements prepared in accordance with U.S. GAAP?
    If the answer to question 23.(a)(1) is “yes,” respond to questions (b) through (h) below. If the private fund uses more than one auditing firm, you must complete
    questions (b) through (f) separately for each auditing firm.
    Additional Auditor Information : 1 Record(s) Filed.
    If the answer to question 23.(a)(1) is “yes,” respond to questions (b) through (h) below. If the private fund uses more than one auditing firm, you must complete
    questions (b) through (f) separately for each auditing firm.
    (b) Name of the auditing firm:
    BDO
    (c) The location of the auditing firm’s office responsible for the private fund’s audit (city, state and country):
    FORM ADV
    UNIFORM APPLICATION FOR INVESTMENT ADVISER REGISTRATION AND REPORT BY EXEMPT REPORTING ADVISERS
    Primary Business Name: NOTION CAPITAL CRD Number: 301084
    Annual Amendment – All Sections Rev. 03/2020
    4/23/2020 10:38:35 AM
    WARNING: Complete this form truthfully. False statements or omissions may result in denial of your application, revocation of your registration, or criminal prosecution. You must
    keep this form updated by filing periodic amendments. See Form ADV General Instruction 4.
    Item 1 Identifying Information
    Responses to this Item tell us who you are, where you are doing business, and how we can contact you. If you are filing an umbrella registration, the information in Item 1 should be
    provided for the filing adviser only. General Instruction 5 provides information to assist you with filing an umbrella registration.
    A. Your full legal name (if you are a sole proprietor, your last, first, and middle names):
    NOTION CAPITAL MANAGERS LLP
    B. (1) Name under which you primarily conduct your advisory business, if different from Item 1.A.
    NOTION CAPITAL
    List on Section 1.B. of Schedule D any additional names under which you conduct your advisory business.
    (2) If you are using this Form ADV to register more than one investment adviser under an umbrella registration, check this box
    If you check this box, complete a Schedule R for each relying adviser.
    C. If this filing is reporting a change in your legal name (Item 1.A.) or primary business name (Item 1.B.(1)), enter the new name and specify whether the name change is of
    your legal name or your primary business name:
    D. (1) If you are registered with the SEC as an investment adviser, your SEC file number:
    (2) If you report to the SEC as an exempt reporting adviser, your SEC file number: 802-117151
    (3) If you have one or more Central Index Key numbers assigned by the SEC (“CIK Numbers”), all of your CIK numbers:
    No Information Filed
    E. (1) If you have a number (“CRD Number”) assigned by the FINRA’s CRD system or by the IARD system, your CRD number: 301084
    If your firm does not have a CRD number, skip this Item 1.E. Do not provide the CRD number of one of your officers, employees, or affiliates.
    (2) If you have additional CRD Numbers, your additional CRD numbers:
    No Information Filed
    F. Principal Office and Place of Business
    (1) Address (do not use a P.O. Box):
    Number and Street 1:
    91 WIMPOLE STREET
    Number and Street 2:
    City:
    LONDON
    State: Country:
    United Kingdom
    ZIP+4/Postal Code:
    W1G 0EF
    If this address is a private residence, check this box:
    List on Section 1.F. of Schedule D any office, other than your principal office and place of business, at which you conduct investment advisory business. If you are applying for
    registration, or are registered, with one or more state securities authorities, you must list all of your offices in the state or states to which you are applying for registration or with
    whom you are registered. If you are applying for SEC registration, if you are registered only with the SEC, or if you are reporting to the SEC as an exempt reporting adviser, list
    the largest twenty-five offices in terms of numbers of employees as of the end of your most recently completed fiscal year.
    (2) Days of week that you normally conduct business at your principal office and place of business:
    Monday – Friday Other:
    Normal business hours at this location:
    09:00 – 17:30
    (3) Telephone number at this location:
    +447919881986
    (4) Facsimile number at this location, if any:
    (5) What is the total number of offices, other than your principal office and place of business, at which you conduct investment advisory business as of the end of your most
    recently completed fiscal year?
    0
    G. Mailing address, if different from your principal office and place of business address:
    Number and Street 1: Number and Street 2:
    City: State: Country: ZIP+4/Postal Code:
    If this address is a private residence, check this box:
    H. If you are a sole proprietor, state your full residence address, if different from your principal office and place of business address in Item 1.F.:
    Number and Street 1: Number and Street 2:
    City: State: Country: ZIP+4/Postal Code:
    Yes No
    I. Do you have one or more websites or accounts on publicly available social media platforms (including, but not limited to, Twitter, Facebook and LinkedIn)?
    If “yes,” list all firm website addresses and the address for each of the firm’s accounts on publicly available social media platforms on Section 1.I. of Schedule D. If a website
    address serves as a portal through which to access other information you have published on the web, you may list the portal without listing addresses for all of the other
    information. You may need to list more than one portal address. Do not provide the addresses of websites or accounts on publicly available social media platforms where you do
    not control the content. Do not provide the individual electronic mail (e-mail) addresses of employees or the addresses of employee accounts on publicly available social media
    platforms.
    J. Chief Compliance Officer
    (1) Provide the name and contact information of your Chief Compliance Officer. If you are an exempt reporting adviser, you must provide the contact information for your Chief
    Compliance Officer, if you have one. If not, you must complete Item 1.K. below.
    Name: Other titles, if any:
    Telephone number: Facsimile number, if any:
    Number and Street 1: Number and Street 2:
    City: State: Country: ZIP+4/Postal Code:
    Electronic mail (e-mail) address, if Chief Compliance Officer has one:
    (2) If your Chief Compliance Officer is compensated or employed by any person other than you, a related person or an investment company registered under the Investment
    Company Act of 1940 that you advise for providing chief compliance officer services to you, provide the person’s name and IRS Employer Identification Number (if any):
    Name:
    IRS Employer Identification Number:
    K. Additional Regulatory Contact Person: If a person other than the Chief Compliance Officer is authorized to receive information and respond to questions about this Form ADV, you
    may provide that information here.
    Name: Titles:
    Telephone number: Facsimile number, if any:
    Number and Street 1: Number and Street 2:
    City: State: Country: ZIP+4/Postal Code:
    Electronic mail (e-mail) address, if contact person has one:
    Yes No
    L. Do you maintain some or all of the books and records you are required to keep under Section 204 of the Advisers Act, or similar state law, somewhere other than your
    principal office and place of business?
    If “yes,” complete Section 1.L. of Schedule D.
    Yes No
    M. Are you registered with a foreign financial regulatory authority?
    Answer “no” if you are not registered with a foreign financial regulatory authority, even if you have an affiliate that is registered with a foreign financial regulatory authority. If “yes,”
    complete Section 1.M. of Schedule D.
    Yes No
    N. Are you a public reporting company under Sections 12 or 15(d) of the Securities Exchange Act of 1934?
    Yes No
    O. Did you have $1 billion or more in assets on the last day of your most recent fiscal year?
    If yes, what is the approximate amount of your assets:
    $1 billion to less than $10 billion
    $10 billion to less than $50 billion
    $50 billion or more
    For purposes of Item 1.O. only, “assets” refers to your total assets, rather than the assets you manage on behalf of clients. Determine your total assets using the total assets shown
    on the balance sheet for your most recent fiscal year end.
    P. Provide your Legal Entity Identifier if you have one:
    A legal entity identifier is a unique number that companies use to identify each other in the financial marketplace. You may not have a legal entity identifier.
    SECTION 1.B. Other Business Names
    No Information Filed
    SECTION 1.F. Other Offices
    No Information Filed
    SECTION 1.I. Website Addresses
    List your website addresses, including addresses for accounts on publicly available social media platforms where you control the content (including, but not limited to, Twitter,
    Facebook and/or LinkedIn). You must complete a separate Schedule D Section 1.I. for each website or account on a publicly available social media platform.
    Address of Website/Account on Publicly Available Social Media Platform: https://notion.vc/
    SECTION 1.L. Location of Books and Records
    No Information Filed
    SECTION 1.M. Registration with Foreign Financial Regulatory Authorities
    List the name and country, in English, of each foreign financial regulatory authority with which you are registered. You must complete a separate Schedule D Section 1.M. for each
    foreign financial regulatory authority with whom you are registered.
    Name of Country/Foreign Financial Regulatory Authority:
    United Kingdom – Financial Conduct Authority
    Other:
    Item 2 SEC Registration/Reporting
    SEC Reporting by Exempt Reporting Advisers
    B. Complete this Item 2.B. only if you are reporting to the SEC as an exempt reporting adviser. Check all that apply. You:
    (1) qualify for the exemption from registration as an adviser solely to one or more venture capital funds, as defined in rule 203(l)-1;
    (2) qualify for the exemption from registration because you act solely as an adviser to private funds and have assets under management, as defined in rule 203(m)-1, in the
    United States of less than $150 million;
    (3) act solely as an adviser to private funds but you are no longer eligible to check box 2.B.(2) because you have assets under management, as defined in rule 203(m)-1, in
    the United States of $150 million or more.
    If you check box (2) or (3), complete Section 2.B. of Schedule D.
    SECTION 2.B. Private Fund Assets
    If you check Item 2.B.(2) or (3), what is the amount of the private fund assets that you manage? $ 321002333
    NOTE: “Private fund assets” has the same meaning here as it has under rule 203(m)-1. If you are an investment adviser with its principal office and place of business outside the
    United States only include private fund assets that you manage at a place of business in the United States.
    Item 3 Form of Organization
    If you are filing an umbrella registration, the information in Item 3 should be provided for the filing adviser only.
    A. How are you organized?
    Corporation
    Sole Proprietorship
    Limited Liability Partnership (LLP)
    Partnership
    Limited Liability Company (LLC)
    Limited Partnership (LP)
    Other (specify):
    If you are changing your response to this Item, see Part 1A Instruction 4.
    B. In what month does your fiscal year end each year?
    MARCH
    C. Under the laws of what state or country are you organized?
    State Country
    United Kingdom
    If you are a partnership, provide the name of the state or country under whose laws your partnership was formed. If you are a sole proprietor, provide the name of the state or
    country where you reside.
    If you are changing your response to this Item, see Part 1A Instruction 4.
    Item 6 Other Business Activities
    In this Item, we request information about your firm’s other business activities.
    A. You are actively engaged in business as a (check all that apply):
    (1) broker-dealer (registered or unregistered)
    (2) registered representative of a broker-dealer
    (3) commodity pool operator or commodity trading advisor (whether registered or exempt from registration)
    (4) futures commission merchant
    (5) real estate broker, dealer, or agent
    (6) insurance broker or agent
    (7) bank (including a separately identifiable department or division of a bank)
    (8) trust company
    (9) registered municipal advisor
    (10) registered security-based swap dealer
    (11) major security-based swap participant
    (12) accountant or accounting firm
    (13) lawyer or law firm
    (14) other financial product salesperson (specify):
    If you engage in other business using a name that is different from the names reported in Items 1.A. or 1.B.(1), complete Section 6.A. of Schedule D.
    Yes No
    B. (1) Are you actively engaged in any other business not listed in Item 6.A. (other than giving investment advice)?
    (2) If yes, is this other business your primary business?
    If “yes,” describe this other business on Section 6.B.(2) of Schedule D, and if you engage in this business under a different name, provide that name.
    Yes No
    (3) Do you sell products or provide services other than investment advice to your advisory clients?
    If “yes,” describe this other business on Section 6.B.(3) of Schedule D, and if you engage in this business under a different name, provide that name.
    SECTION 6.A. Names of Your Other Businesses
    No Information Filed
    SECTION 6.B.(2) Description of Primary Business
    Describe your primary business (not your investment advisory business):
    If you engage in that business under a different name, provide that name:
    SECTION 6.B.(3) Description of Other Products and Services
    Describe other products or services you sell to your client. You may omit products and services that you listed in Section 6.B.(2) above.
    If you engage in that business under a different name, provide that name:
    Item 7 Financial Industry Affiliations
    In this Item, we request information about your financial industry affiliations and activities. This information identifies areas in which conflicts of interest may occur between you and
    your clients.
    A. This part of Item 7 requires you to provide information about you and your related persons, including foreign affiliates. Your related persons are all of your advisory affiliates and any
    person that is under common control with you.
    You have a related person that is a (check all that apply):
    (1) broker-dealer, municipal securities dealer, or government securities broker or dealer (registered or unregistered)
    (2) other investment adviser (including financial planners)
    (3) registered municipal advisor
    (4) registered security-based swap dealer
    (5) major security-based swap participant
    (6) commodity pool operator or commodity trading advisor (whether registered or exempt from registration)
    (7) futures commission merchant
    (8) banking or thrift institution
    (9) trust company
    (10) accountant or accounting firm
    (11) lawyer or law firm
    (12) insurance company or agency
    (13) pension consultant
    (14) real estate broker or dealer
    (15) sponsor or syndicator of limited partnerships (or equivalent), excluding pooled investment vehicles
    (16) sponsor, general partner, managing member (or equivalent) of pooled investment vehicles
    Note that Item 7.A. should not be used to disclose that some of your employees perform investment advisory functions or are registered representatives of a broker-dealer. The
    number of your firm’s employees who perform investment advisory functions should be disclosed under Item 5.B.(1). The number of your firm’s employees who are registered
    representatives of a broker-dealer should be disclosed under Item 5.B.(2).
    Note that if you are filing an umbrella registration, you should not check Item 7.A.(2) with respect to your relying advisers, and you do not have to complete Section 7.A. in
    Schedule D for your relying advisers. You should complete a Schedule R for each relying adviser.
    For each related person, including foreign affiliates that may not be registered or required to be registered in the United States, complete Section 7.A. of Schedule D.
    You do not need to complete Section 7.A. of Schedule D for any related person if: (1) you have no business dealings with the related person in connection with advisory services
    you provide to your clients; (2) you do not conduct shared operations with the related person; (3) you do not refer clients or business to the related person, and the related person
    does not refer prospective clients or business to you; (4) you do not share supervised persons or premises with the related person; and (5) you have no reason to believe that
    your relationship with the related person otherwise creates a conflict of interest with your clients.
    You must complete Section 7.A. of Schedule D for each related person acting as qualified custodian in connection with advisory services you provide to your clients (other than
    any mutual fund transfer agent pursuant to rule 206(4)-2(b)(1)), regardless of whether you have determined the related person to be operationally independent under rule
    206(4)-2 of the Advisers Act.
    SECTION 7.A. Financial Industry Affiliations
    No Information Filed
    Item 7 Private Fund Reporting
    Yes No
    B. Are you an adviser to any private fund?
    If “yes,” then for each private fund that you advise, you must complete a Section 7.B.(1) of Schedule D, except in certain circumstances described in the next sentence and in
    Instruction 6 of the Instructions to Part 1A. If you are registered or applying for registration with the SEC or reporting as an SEC exempt reporting adviser, and another SEC-registered
    adviser or SEC exempt reporting adviser reports this information with respect to any such private fund in Section 7.B.(1) of Schedule D of its Form ADV (e.g., if you are a subadviser),
    do not complete Section 7.B.(1) of Schedule D with respect to that private fund. You must, instead, complete Section 7.B.(2) of Schedule D.
    In either case, if you seek to preserve the anonymity of a private fund client by maintaining its identity in your books and records in numerical or alphabetical code, or similar
    designation, pursuant to rule 204-2(d), you may identify the private fund in Section 7.B.(1) or 7.B.(2) of Schedule D using the same code or designation in place of the fund’s name.
    SECTION 7.B.(1) Private Fund Reporting
    A. PRIVATE FUND
    Information About the Private Fund
  177. (a) Name of the private fund:
    NOTION CAPITAL 2 LP
    (b) Private fund identification number:
    (include the “805-” prefix also)
    805-6271914669
  178. Under the laws of what state or country is the private fund organized:
    State: Country:
    United Kingdom
  179. (a) Name(s) of General Partner, Manager, Trustee, or Directors (or persons serving in a similar capacity):
    Name of General Partner, Manager, Trustee, or Director
    NOTION CAPITAL MANAGERS LLP
    (b) If filing an umbrella registration, identify the filing adviser and/or relying adviser(s) that sponsor(s) or manage(s) this private fund.
    No Information Filed
  180. The private fund (check all that apply; you must check at least one):
    (1) qualifies for the exclusion from the definition of investment company under section 3(c)(1) of the Investment Company Act of 1940
    (2) qualifies for the exclusion from the definition of investment company under section 3(c)(7) of the Investment Company Act of 1940
  181. List the name and country, in English, of each foreign financial regulatory authority with which the private fund is registered.
    No Information Filed
    Yes No
  182. (a) Is this a “master fund” in a master-feeder arrangement?
    (b) If yes, what is the name and private fund identification number (if any) of the feeder funds investing in this private fund?
    No Information Filed
    Yes No
    (c) Is this a “feeder fund” in a master-feeder arrangement?
    (d) If yes, what is the name and private fund identification number (if any) of the master fund in which this private fund invests?
    Name of private fund:
    Private fund identification number:
    (include the “805-” prefix also)
    NOTE: You must complete question 6 for each master-feeder arrangement regardless of whether you are filing a single Schedule D, Section 7.B.(1) for the master-feeder
    arrangement or reporting on the funds separately.
  183. If you are filing a single Schedule D, Section 7.B.(1) for a master-feeder arrangement according to the instructions to this Section 7.B.(1), for each of the feeder funds answer
    the following questions:
    No Information Filed
    NOTE: For purposes of questions 6 and 7, in a master-feeder arrangement, one or more funds (“feeder funds”) invest all or substantially all of their assets in a single fund
    (“master fund”). A fund would also be a “feeder fund” investing in a “master fund” for purposes of this question if it issued multiple classes (or series) of shares or interests,
    and each class (or series) invests substantially all of its assets in a single master fund.
    Yes No
  184. (a) Is this private fund a “fund of funds”?
    NOTE: For purposes of this question only, answer “yes” if the fund invests 10 percent or more of its total assets in other pooled investment vehicles, regardless of whether
    they are also private funds or registered investment companies.
    (b) If yes, does the private fund invest in funds managed by you or by a related person?
    Yes No
  185. During your last fiscal year, did the private fund invest in securities issued by investment companies registered under the Investment Company Act of 1940 (other
    than “money market funds,” to the extent provided in Instruction 6.e.)?
  186. What type of fund is the private fund?
    hedge fund liquidity fund private equity fund real estate fund securitized asset fund venture capital fund Other private fund:
    NOTE: For definitions of these fund types, please see Instruction 6 of the Instructions to Part 1A.
  187. Current gross asset value of the private fund:
    $ 79,829,349
    Ownership
  188. Minimum investment commitment required of an investor in the private fund:
    $ 1
    NOTE: Report the amount routinely required of investors who are not your related persons (even if different from the amount set forth in the organizational documents of the
    fund).
  189. Approximate number of the private fund’s beneficial owners:
    45
  190. What is the approximate percentage of the private fund beneficially owned by you and your related persons:
    6%
  191. (a) What is the approximate percentage of the private fund beneficially owned (in the aggregate) by funds of funds:
    77%
    Yes No
    (b) If the private fund qualifies for the exclusion from the definition of investment company under section 3(c)(1) of the Investment Company Act of 1940, are sales
    of the fund limited to qualified clients?
  192. What is the approximate percentage of the private fund beneficially owned by non-United States persons:
    100%
    Your Advisory Services
    Yes No
  193. (a) Are you a subadviser to this private fund?
    (b) If the answer to question 17.(a) is “yes,” provide the name and SEC file number, if any, of the adviser of the private fund. If the answer to question 17.(a) is “no,” leave this
    question blank.
    No Information Filed
    Yes No
  194. (a) Do any investment advisers (other than the investment advisers listed in Section 7.B.(1).A.3.(b)) advise the private fund?
    (b) If the answer to question 18.(a) is “yes,” provide the name and SEC file number, if any, of the other advisers to the private fund. If the answer to question 18.(a) is “no,”
    leave this question blank.
    No Information Filed
    Yes No
  195. Are your clients solicited to invest in the private fund?
    NOTE: For purposes of this question, do not consider feeder funds of the private fund.
  196. Approximately what percentage of your clients has invested in the private fund?
    100%
    Private Offering
    Yes No
  197. Has the private fund ever relied on an exemption from registration of its securities under Regulation D of the Securities Act of 1933?
  198. If yes, provide the private fund’s Form D file number (if any):
    No Information Filed
    B. SERVICE PROVIDERS
    Auditors
    Yes No
  199. (a) (1) Are the private fund’s financial statements subject to an annual audit?
    (2) If the answer to question 23.(a)(1) is “yes,” are the financial statements prepared in accordance with U.S. GAAP?
    If the answer to question 23.(a)(1) is “yes,” respond to questions (b) through (h) below. If the private fund uses more than one auditing firm, you must complete
    questions (b) through (f) separately for each auditing firm.
    Additional Auditor Information : 1 Record(s) Filed.
    If the answer to question 23.(a)(1) is “yes,” respond to questions (b) through (h) below. If the private fund uses more than one auditing firm, you must complete
    questions (b) through (f) separately for each auditing firm.
    (b) Name of the auditing firm:
    BDO
    (c) The location of the auditing firm’s office responsible for the private fund’s audit (city, state and country):
    City:
    BRISTOL
    State: Country:
    United Kingdom
    Yes No
    (d) Is the auditing firm an independent public accountant?
    (e) Is the auditing firm registered with the Public Company Accounting Oversight Board?
    If yes, Public Company Accounting Oversight Board-Assigned Number:
    (f) If “yes” to (e) above, is the auditing firm subject to regular inspection by the Public Company Accounting Oversight Board in accordance with its rules?
    Yes No
    (g) Are the private fund’s audited financial statements for the most recently completed fiscal year distributed to the private fund’s investors?
    (h) Do all of the reports prepared by the auditing firm for the private fund since your last annual updating amendment contain unqualified opinions?
    Yes No Report Not Yet Received
    If you check “Report Not Yet Received,” you must promptly file an amendment to your Form ADV to update your response when the report is available.
    Prime Broker
    Yes No
  200. (a) Does the private fund use one or more prime brokers?
    If the answer to question 24.(a) is “yes,” respond to questions (b) through (e) below for each prime broker the private fund uses. If the private fund uses more than one
    prime broker, you must complete questions (b) through (e) separately for each prime broker.
    No Information Filed
    Custodian
    Yes No
  201. (a) Does the private fund use any custodians (including the prime brokers listed above) to hold some or all of its assets?
    If the answer to question 25.(a) is “yes,” respond to questions (b) through (g) below for each custodian the private fund uses. If the private fund uses more than one
    custodian, you must complete questions (b) through (g) separately for each custodian.
    No Information Filed
    Administrator
    Yes No
  202. (a) Does the private fund use an administrator other than your firm?
    If the answer to question 26.(a) is “yes,” respond to questions (b) through (f) below. If the private fund uses more than one administrator, you must complete questions
    (b) through (f) separately for each administrator.
    Additional Administrator Information : 1 Record(s) Filed.
    If the answer to question 26.(a) is “yes,” respond to questions (b) through (f) below. If the private fund uses more than one administrator, you must complete
    questions (b) through (f) separately for each administrator.
    (b) Name of administrator:
    LANGHAM HALL
    (c) Location of administrator (city, state and country):
    City:
    LONDON
    State: Country:
    United Kingdom
    Yes No
    (d) Is the administrator a related person of your firm?
    (e) Does the administrator prepare and send investor account statements to the private fund’s investors?
    Yes (provided to all investors) Some (provided to some but not all investors) No (provided to no investors)
    (f) If the answer to question 26.(e) is “no” or “some,” who sends the investor account statements to the (rest of the) private fund’s investors? If investor account
    statements are not sent to the (rest of the) private fund’s investors, respond “not applicable.”
  203. During your last fiscal year, what percentage of the private fund’s assets (by value) was valued by a person, such as an administrator, that is not your related person?
    0%
    Include only those assets where (i) such person carried out the valuation procedure established for that asset, if any, including obtaining any relevant quotes, and (ii) the
    valuation used for purposes of investor subscriptions, redemptions or distributions, and fee calculations (including allocations) was the valuation determined by such
    person.
    Marketers
    Yes No
  204. (a) Does the private fund use the services of someone other than you or your employees for marketing purposes?
    You must answer “yes” whether the person acts as a placement agent, consultant, finder, introducer, municipal advisor or other solicitor, or similar person. If the answer
    to question 28.(a) is “yes,” respond to questions (b) through (g) below for each such marketer the private fund uses. If the private fund uses more than one marketer you
    must complete questions (b) through (g) separately for each marketer.
    No Information Filed
    A. PRIVATE FUND
    Information About the Private Fund
  205. (a) Name of the private fund:
    NOTION CAPITAL III LP
    (b) Private fund identification number:
    (include the “805-” prefix also)
    805-7804679333
  206. Under the laws of what state or country is the private fund organized:
    State: Country:
    United Kingdom
  207. (a) Name(s) of General Partner, Manager, Trustee, or Directors (or persons serving in a similar capacity):
    Name of General Partner, Manager, Trustee, or Director
    NOTION CAPITAL MANAGERS LLP
    (b) If filing an umbrella registration, identify the filing adviser and/or relying adviser(s) that sponsor(s) or manage(s) this private fund.
    No Information Filed
  208. The private fund (check all that apply; you must check at least one):
    (1) qualifies for the exclusion from the definition of investment company under section 3(c)(1) of the Investment Company Act of 1940
    (2) qualifies for the exclusion from the definition of investment company under section 3(c)(7) of the Investment Company Act of 1940
  209. List the name and country, in English, of each foreign financial regulatory authority with which the private fund is registered.
    No Information Filed
    Yes No
  210. (a) Is this a “master fund” in a master-feeder arrangement?
    (b) If yes, what is the name and private fund identification number (if any) of the feeder funds investing in this private fund?
    No Information Filed
    Yes No
    (c) Is this a “feeder fund” in a master-feeder arrangement?
    (d) If yes, what is the name and private fund identification number (if any) of the master fund in which this private fund invests?
    Name of private fund:
    Private fund identification number:
    (include the “805-” prefix also)
    NOTE: You must complete question 6 for each master-feeder arrangement regardless of whether you are filing a single Schedule D, Section 7.B.(1) for the master-feeder
    arrangement or reporting on the funds separately.
  211. If you are filing a single Schedule D, Section 7.B.(1) for a master-feeder arrangement according to the instructions to this Section 7.B.(1), for each of the feeder funds answer
    the following questions:
    No Information Filed
    NOTE: For purposes of questions 6 and 7, in a master-feeder arrangement, one or more funds (“feeder funds”) invest all or substantially all of their assets in a single fund
    (“master fund”). A fund would also be a “feeder fund” investing in a “master fund” for purposes of this question if it issued multiple classes (or series) of shares or interests,
    and each class (or series) invests substantially all of its assets in a single master fund.
    Yes No
  212. (a) Is this private fund a “fund of funds”?
    NOTE: For purposes of this question only, answer “yes” if the fund invests 10 percent or more of its total assets in other pooled investment vehicles, regardless of whether
    they are also private funds or registered investment companies.
    (b) If yes, does the private fund invest in funds managed by you or by a related person?
    Yes No
  213. During your last fiscal year, did the private fund invest in securities issued by investment companies registered under the Investment Company Act of 1940 (other
    than “money market funds,” to the extent provided in Instruction 6.e.)?
  214. What type of fund is the private fund?
    hedge fund liquidity fund private equity fund real estate fund securitized asset fund venture capital fund Other private fund:
    NOTE: For definitions of these fund types, please see Instruction 6 of the Instructions to Part 1A.
  215. Current gross asset value of the private fund:
    $ 139,161,309
    Ownership
  216. Minimum investment commitment required of an investor in the private fund:
    $ 1
    NOTE: Report the amount routinely required of investors who are not your related persons (even if different from the amount set forth in the organizational documents of the
    fund).
  217. Approximate number of the private fund’s beneficial owners:
    37
  218. What is the approximate percentage of the private fund beneficially owned by you and your related persons:
    5%
  219. (a) What is the approximate percentage of the private fund beneficially owned (in the aggregate) by funds of funds:
    2%
    Yes No
    (b) If the private fund qualifies for the exclusion from the definition of investment company under section 3(c)(1) of the Investment Company Act of 1940, are sales
    of the fund limited to qualified clients?
  220. What is the approximate percentage of the private fund beneficially owned by non-United States persons:
    86%
    Your Advisory Services
    Yes No
  221. (a) Are you a subadviser to this private fund?
    (b) If the answer to question 17.(a) is “yes,” provide the name and SEC file number, if any, of the adviser of the private fund. If the answer to question 17.(a) is “no,” leave this
    question blank.
    No Information Filed
    Yes No
  222. (a) Do any investment advisers (other than the investment advisers listed in Section 7.B.(1).A.3.(b)) advise the private fund?
    (b) If the answer to question 18.(a) is “yes,” provide the name and SEC file number, if any, of the other advisers to the private fund. If the answer to question 18.(a) is “no,”
    leave this question blank.
    No Information Filed
    Yes No
  223. Are your clients solicited to invest in the private fund?
    NOTE: For purposes of this question, do not consider feeder funds of the private fund.
  224. Approximately what percentage of your clients has invested in the private fund?
    100%
    Private Offering
    Yes No
  225. Has the private fund ever relied on an exemption from registration of its securities under Regulation D of the Securities Act of 1933?
  226. If yes, provide the private fund’s Form D file number (if any):
    No Information Filed
    B. SERVICE PROVIDERS
    Auditors
    Yes No
  227. (a) (1) Are the private fund’s financial statements subject to an annual audit?
    (2) If the answer to question 23.(a)(1) is “yes,” are the financial statements prepared in accordance with U.S. GAAP?
    If the answer to question 23.(a)(1) is “yes,” respond to questions (b) through (h) below. If the private fund uses more than one auditing firm, you must complete
    questions (b) through (f) separately for each auditing firm.
    Additional Auditor Information : 1 Record(s) Filed.
    If the answer to question 23.(a)(1) is “yes,” respond to questions (b) through (h) below. If the private fund uses more than one auditing firm, you must complete
    questions (b) through (f) separately for each auditing firm.
    (b) Name of the auditing firm:
    BDO
    (c) The location of the auditing firm’s office responsible for the private fund’s audit (city, state and country):
    City:
    BRISTOL
    State: Country:
    United Kingdom
    Yes No
    (d) Is the auditing firm an independent public accountant?
    (e) Is the auditing firm registered with the Public Company Accounting Oversight Board?
    If yes, Public Company Accounting Oversight Board-Assigned Number:
    (f) If “yes” to (e) above, is the auditing firm subject to regular inspection by the Public Company Accounting Oversight Board in accordance with its rules?
    Yes No
    (g) Are the private fund’s audited financial statements for the most recently completed fiscal year distributed to the private fund’s investors?
    (h) Do all of the reports prepared by the auditing firm for the private fund since your last annual updating amendment contain unqualified opinions?
    Yes No Report Not Yet Received
    If you check “Report Not Yet Received,” you must promptly file an amendment to your Form ADV to update your response when the report is available.
    Prime Broker
    Yes No
  228. (a) Does the private fund use one or more prime brokers?
    If the answer to question 24.(a) is “yes,” respond to questions (b) through (e) below for each prime broker the private fund uses. If the private fund uses more than one
    prime broker, you must complete questions (b) through (e) separately for each prime broker.
    No Information Filed
    Custodian
    Yes No
  229. (a) Does the private fund use any custodians (including the prime brokers listed above) to hold some or all of its assets?
    If the answer to question 25.(a) is “yes,” respond to questions (b) through (g) below for each custodian the private fund uses. If the private fund uses more than one
    custodian, you must complete questions (b) through (g) separately for each custodian.
    No Information Filed
    Administrator
    Yes No
  230. (a) Does the private fund use an administrator other than your firm?
    If the answer to question 26.(a) is “yes,” respond to questions (b) through (f) below. If the private fund uses more than one administrator, you must complete questions
    (b) through (f) separately for each administrator.
    Additional Administrator Information : 1 Record(s) Filed.
    If the answer to question 26.(a) is “yes,” respond to questions (b) through (f) below. If the private fund uses more than one administrator, you must complete
    questions (b) through (f) separately for each administrator.
    (b) Name of administrator:
    LANGHAM HALL
    (c) Location of administrator (city, state and country):
    City:
    LONDON
    State: Country:
    United Kingdom
    Yes No
    (d) Is the administrator a related person of your firm?
    (e) Does the administrator prepare and send investor account statements to the private fund’s investors?
    Yes (provided to all investors) Some (provided to some but not all investors) No (provided to no investors)
    FORM ADV
    UNIFORM APPLICATION FOR INVESTMENT ADVISER REGISTRATION AND REPORT BY EXEMPT REPORTING ADVISERS
    Primary Business Name: NOTION CAPITAL CRD Number: 301084
    Annual Amendment – All Sections Rev. 03/2020
    4/23/2020 10:38:35 AM
    WARNING: Complete this form truthfully. False statements or omissions may result in denial of your application, revocation of your registration, or criminal prosecution. You must
    keep this form updated by filing periodic amendments. See Form ADV General Instruction 4.
    Item 1 Identifying Information
    Responses to this Item tell us who you are, where you are doing business, and how we can contact you. If you are filing an umbrella registration, the information in Item 1 should be
    provided for the filing adviser only. General Instruction 5 provides information to assist you with filing an umbrella registration.
    A. Your full legal name (if you are a sole proprietor, your last, first, and middle names):
    NOTION CAPITAL MANAGERS LLP
    B. (1) Name under which you primarily conduct your advisory business, if different from Item 1.A.
    NOTION CAPITAL
    List on Section 1.B. of Schedule D any additional names under which you conduct your advisory business.
    (2) If you are using this Form ADV to register more than one investment adviser under an umbrella registration, check this box
    If you check this box, complete a Schedule R for each relying adviser.
    C. If this filing is reporting a change in your legal name (Item 1.A.) or primary business name (Item 1.B.(1)), enter the new name and specify whether the name change is of
    your legal name or your primary business name:
    D. (1) If you are registered with the SEC as an investment adviser, your SEC file number:
    (2) If you report to the SEC as an exempt reporting adviser, your SEC file number: 802-117151
    (3) If you have one or more Central Index Key numbers assigned by the SEC (“CIK Numbers”), all of your CIK numbers:
    No Information Filed
    E. (1) If you have a number (“CRD Number”) assigned by the FINRA’s CRD system or by the IARD system, your CRD number: 301084
    If your firm does not have a CRD number, skip this Item 1.E. Do not provide the CRD number of one of your officers, employees, or affiliates.
    (2) If you have additional CRD Numbers, your additional CRD numbers:
    No Information Filed
    F. Principal Office and Place of Business
    (1) Address (do not use a P.O. Box):
    Number and Street 1:
    91 WIMPOLE STREET
    Number and Street 2:
    City:
    LONDON
    State: Country:
    United Kingdom
    ZIP+4/Postal Code:
    W1G 0EF
    If this address is a private residence, check this box:
    List on Section 1.F. of Schedule D any office, other than your principal office and place of business, at which you conduct investment advisory business. If you are applying for
    registration, or are registered, with one or more state securities authorities, you must list all of your offices in the state or states to which you are applying for registration or with
    whom you are registered. If you are applying for SEC registration, if you are registered only with the SEC, or if you are reporting to the SEC as an exempt reporting adviser, list
    the largest twenty-five offices in terms of numbers of employees as of the end of your most recently completed fiscal year.
    (2) Days of week that you normally conduct business at your principal office and place of business:
    Monday – Friday Other:
    Normal business hours at this location:
    09:00 – 17:30
    (3) Telephone number at this location:
    +447919881986
    (4) Facsimile number at this location, if any:
    (5) What is the total number of offices, other than your principal office and place of business, at which you conduct investment advisory business as of the end of your most
    recently completed fiscal year?
    0
    G. Mailing address, if different from your principal office and place of business address:
    Number and Street 1: Number and Street 2:
    City: State: Country: ZIP+4/Postal Code:
    If this address is a private residence, check this box:
    H. If you are a sole proprietor, state your full residence address, if different from your principal office and place of business address in Item 1.F.:
    Number and Street 1: Number and Street 2:
    City: State: Country: ZIP+4/Postal Code:
    Yes No
    I. Do you have one or more websites or accounts on publicly available social media platforms (including, but not limited to, Twitter, Facebook and LinkedIn)?
    If “yes,” list all firm website addresses and the address for each of the firm’s accounts on publicly available social media platforms on Section 1.I. of Schedule D. If a website
    address serves as a portal through which to access other information you have published on the web, you may list the portal without listing addresses for all of the other
    information. You may need to list more than one portal address. Do not provide the addresses of websites or accounts on publicly available social media platforms where you do
    not control the content. Do not provide the individual electronic mail (e-mail) addresses of employees or the addresses of employee accounts on publicly available social media
    platforms.
    J. Chief Compliance Officer
    (1) Provide the name and contact information of your Chief Compliance Officer. If you are an exempt reporting adviser, you must provide the contact information for your Chief
    Compliance Officer, if you have one. If not, you must complete Item 1.K. below.
    Name: Other titles, if any:
    Telephone number: Facsimile number, if any:
    Number and Street 1: Number and Street 2:
    City: State: Country: ZIP+4/Postal Code:
    Electronic mail (e-mail) address, if Chief Compliance Officer has one:
    (2) If your Chief Compliance Officer is compensated or employed by any person other than you, a related person or an investment company registered under the Investment
    Company Act of 1940 that you advise for providing chief compliance officer services to you, provide the person’s name and IRS Employer Identification Number (if any):
    Name:
    IRS Employer Identification Number:
    K. Additional Regulatory Contact Person: If a person other than the Chief Compliance Officer is authorized to receive information and respond to questions about this Form ADV, you
    may provide that information here.
    Name: Titles:
    Telephone number: Facsimile number, if any:
    Number and Street 1: Number and Street 2:
    City: State: Country: ZIP+4/Postal Code:
    Electronic mail (e-mail) address, if contact person has one:
    Yes No
    L. Do you maintain some or all of the books and records you are required to keep under Section 204 of the Advisers Act, or similar state law, somewhere other than your
    principal office and place of business?
    If “yes,” complete Section 1.L. of Schedule D.
    Yes No
    M. Are you registered with a foreign financial regulatory authority?
    Answer “no” if you are not registered with a foreign financial regulatory authority, even if you have an affiliate that is registered with a foreign financial regulatory authority. If “yes,”
    complete Section 1.M. of Schedule D.
    Yes No
    N. Are you a public reporting company under Sections 12 or 15(d) of the Securities Exchange Act of 1934?
    Yes No
    O. Did you have $1 billion or more in assets on the last day of your most recent fiscal year?
    If yes, what is the approximate amount of your assets:
    $1 billion to less than $10 billion
    $10 billion to less than $50 billion
    $50 billion or more
    For purposes of Item 1.O. only, “assets” refers to your total assets, rather than the assets you manage on behalf of clients. Determine your total assets using the total assets shown
    on the balance sheet for your most recent fiscal year end.
    P. Provide your Legal Entity Identifier if you have one:
    A legal entity identifier is a unique number that companies use to identify each other in the financial marketplace. You may not have a legal entity identifier.
    SECTION 1.B. Other Business Names
    No Information Filed
    SECTION 1.F. Other Offices
    No Information Filed
    SECTION 1.I. Website Addresses
    List your website addresses, including addresses for accounts on publicly available social media platforms where you control the content (including, but not limited to, Twitter,
    Facebook and/or LinkedIn). You must complete a separate Schedule D Section 1.I. for each website or account on a publicly available social media platform.
    Address of Website/Account on Publicly Available Social Media Platform: https://notion.vc/
    SECTION 1.L. Location of Books and Records
    No Information Filed
    SECTION 1.M. Registration with Foreign Financial Regulatory Authorities
    List the name and country, in English, of each foreign financial regulatory authority with which you are registered. You must complete a separate Schedule D Section 1.M. for each
    foreign financial regulatory authority with whom you are registered.
    Name of Country/Foreign Financial Regulatory Authority:
    United Kingdom – Financial Conduct Authority
    Other:
    Item 2 SEC Registration/Reporting
    SEC Reporting by Exempt Reporting Advisers
    B. Complete this Item 2.B. only if you are reporting to the SEC as an exempt reporting adviser. Check all that apply. You:
    (1) qualify for the exemption from registration as an adviser solely to one or more venture capital funds, as defined in rule 203(l)-1;
    (2) qualify for the exemption from registration because you act solely as an adviser to private funds and have assets under management, as defined in rule 203(m)-1, in the
    United States of less than $150 million;
    (3) act solely as an adviser to private funds but you are no longer eligible to check box 2.B.(2) because you have assets under management, as defined in rule 203(m)-1, in
    the United States of $150 million or more.
    If you check box (2) or (3), complete Section 2.B. of Schedule D.
    SECTION 2.B. Private Fund Assets
    If you check Item 2.B.(2) or (3), what is the amount of the private fund assets that you manage? $ 321002333
    NOTE: “Private fund assets” has the same meaning here as it has under rule 203(m)-1. If you are an investment adviser with its principal office and place of business outside the
    United States only include private fund assets that you manage at a place of business in the United States.
    Item 3 Form of Organization
    If you are filing an umbrella registration, the information in Item 3 should be provided for the filing adviser only.
    A. How are you organized?
    Corporation
    Sole Proprietorship
    Limited Liability Partnership (LLP)
    Partnership
    Limited Liability Company (LLC)
    Limited Partnership (LP)
    Other (specify):
    If you are changing your response to this Item, see Part 1A Instruction 4.
    B. In what month does your fiscal year end each year?
    MARCH
    C. Under the laws of what state or country are you organized?
    State Country
    United Kingdom
    If you are a partnership, provide the name of the state or country under whose laws your partnership was formed. If you are a sole proprietor, provide the name of the state or
    country where you reside.
    If you are changing your response to this Item, see Part 1A Instruction 4.
    Item 6 Other Business Activities
    In this Item, we request information about your firm’s other business activities.
    A. You are actively engaged in business as a (check all that apply):
    (1) broker-dealer (registered or unregistered)
    (2) registered representative of a broker-dealer
    (3) commodity pool operator or commodity trading advisor (whether registered or exempt from registration)
    (4) futures commission merchant
    (5) real estate broker, dealer, or agent
    (6) insurance broker or agent
    (7) bank (including a separately identifiable department or division of a bank)
    (8) trust company
    (9) registered municipal advisor
    (10) registered security-based swap dealer
    (11) major security-based swap participant
    (12) accountant or accounting firm
    (13) lawyer or law firm
    (14) other financial product salesperson (specify):
    If you engage in other business using a name that is different from the names reported in Items 1.A. or 1.B.(1), complete Section 6.A. of Schedule D.
    Yes No
    B. (1) Are you actively engaged in any other business not listed in Item 6.A. (other than giving investment advice)?
    (2) If yes, is this other business your primary business?
    If “yes,” describe this other business on Section 6.B.(2) of Schedule D, and if you engage in this business under a different name, provide that name.
    Yes No
    (3) Do you sell products or provide services other than investment advice to your advisory clients?
    If “yes,” describe this other business on Section 6.B.(3) of Schedule D, and if you engage in this business under a different name, provide that name.
    SECTION 6.A. Names of Your Other Businesses
    No Information Filed
    SECTION 6.B.(2) Description of Primary Business
    Describe your primary business (not your investment advisory business):
    If you engage in that business under a different name, provide that name:
    SECTION 6.B.(3) Description of Other Products and Services
    Describe other products or services you sell to your client. You may omit products and services that you listed in Section 6.B.(2) above.
    If you engage in that business under a different name, provide that name:
    Item 7 Financial Industry Affiliations
    In this Item, we request information about your financial industry affiliations and activities. This information identifies areas in which conflicts of interest may occur between you and
    your clients.
    A. This part of Item 7 requires you to provide information about you and your related persons, including foreign affiliates. Your related persons are all of your advisory affiliates and any
    person that is under common control with you.
    You have a related person that is a (check all that apply):
    (1) broker-dealer, municipal securities dealer, or government securities broker or dealer (registered or unregistered)
    (2) other investment adviser (including financial planners)
    (3) registered municipal advisor
    (4) registered security-based swap dealer
    (5) major security-based swap participant
    (6) commodity pool operator or commodity trading advisor (whether registered or exempt from registration)
    (7) futures commission merchant
    (8) banking or thrift institution
    (9) trust company
    (10) accountant or accounting firm
    (11) lawyer or law firm
    (12) insurance company or agency
    (13) pension consultant
    (14) real estate broker or dealer
    (15) sponsor or syndicator of limited partnerships (or equivalent), excluding pooled investment vehicles
    (16) sponsor, general partner, managing member (or equivalent) of pooled investment vehicles
    Note that Item 7.A. should not be used to disclose that some of your employees perform investment advisory functions or are registered representatives of a broker-dealer. The
    number of your firm’s employees who perform investment advisory functions should be disclosed under Item 5.B.(1). The number of your firm’s employees who are registered
    representatives of a broker-dealer should be disclosed under Item 5.B.(2).
    Note that if you are filing an umbrella registration, you should not check Item 7.A.(2) with respect to your relying advisers, and you do not have to complete Section 7.A. in
    Schedule D for your relying advisers. You should complete a Schedule R for each relying adviser.
    For each related person, including foreign affiliates that may not be registered or required to be registered in the United States, complete Section 7.A. of Schedule D.
    You do not need to complete Section 7.A. of Schedule D for any related person if: (1) you have no business dealings with the related person in connection with advisory services
    you provide to your clients; (2) you do not conduct shared operations with the related person; (3) you do not refer clients or business to the related person, and the related person
    does not refer prospective clients or business to you; (4) you do not share supervised persons or premises with the related person; and (5) you have no reason to believe that
    your relationship with the related person otherwise creates a conflict of interest with your clients.
    You must complete Section 7.A. of Schedule D for each related person acting as qualified custodian in connection with advisory services you provide to your clients (other than
    any mutual fund transfer agent pursuant to rule 206(4)-2(b)(1)), regardless of whether you have determined the related person to be operationally independent under rule
    206(4)-2 of the Advisers Act.
    SECTION 7.A. Financial Industry Affiliations
    No Information Filed
    Item 7 Private Fund Reporting
    Yes No
    B. Are you an adviser to any private fund?
    If “yes,” then for each private fund that you advise, you must complete a Section 7.B.(1) of Schedule D, except in certain circumstances described in the next sentence and in
    Instruction 6 of the Instructions to Part 1A. If you are registered or applying for registration with the SEC or reporting as an SEC exempt reporting adviser, and another SEC-registered
    adviser or SEC exempt reporting adviser reports this information with respect to any such private fund in Section 7.B.(1) of Schedule D of its Form ADV (e.g., if you are a subadviser),
    do not complete Section 7.B.(1) of Schedule D with respect to that private fund. You must, instead, complete Section 7.B.(2) of Schedule D.
    In either case, if you seek to preserve the anonymity of a private fund client by maintaining its identity in your books and records in numerical or alphabetical code, or similar
    designation, pursuant to rule 204-2(d), you may identify the private fund in Section 7.B.(1) or 7.B.(2) of Schedule D using the same code or designation in place of the fund’s name.
    SECTION 7.B.(1) Private Fund Reporting
    A. PRIVATE FUND
    Information About the Private Fund
  231. (a) Name of the private fund:
    NOTION CAPITAL 2 LP
    (b) Private fund identification number:
    (include the “805-” prefix also)
    805-6271914669
  232. Under the laws of what state or country is the private fund organized:
    State: Country:
    United Kingdom
  233. (a) Name(s) of General Partner, Manager, Trustee, or Directors (or persons serving in a similar capacity):
    Name of General Partner, Manager, Trustee, or Director
    NOTION CAPITAL MANAGERS LLP
    (b) If filing an umbrella registration, identify the filing adviser and/or relying adviser(s) that sponsor(s) or manage(s) this private fund.
    No Information Filed
  234. The private fund (check all that apply; you must check at least one):
    (1) qualifies for the exclusion from the definition of investment company under section 3(c)(1) of the Investment Company Act of 1940
    (2) qualifies for the exclusion from the definition of investment company under section 3(c)(7) of the Investment Company Act of 1940
  235. List the name and country, in English, of each foreign financial regulatory authority with which the private fund is registered.
    No Information Filed
    Yes No
  236. (a) Is this a “master fund” in a master-feeder arrangement?
    (b) If yes, what is the name and private fund identification number (if any) of the feeder funds investing in this private fund?
    No Information Filed
    Yes No
    (c) Is this a “feeder fund” in a master-feeder arrangement?
    (d) If yes, what is the name and private fund identification number (if any) of the master fund in which this private fund invests?
    Name of private fund:
    Private fund identification number:
    (include the “805-” prefix also)
    NOTE: You must complete question 6 for each master-feeder arrangement regardless of whether you are filing a single Schedule D, Section 7.B.(1) for the master-feeder
    arrangement or reporting on the funds separately.
  237. If you are filing a single Schedule D, Section 7.B.(1) for a master-feeder arrangement according to the instructions to this Section 7.B.(1), for each of the feeder funds answer
    the following questions:
    No Information Filed
    NOTE: For purposes of questions 6 and 7, in a master-feeder arrangement, one or more funds (“feeder funds”) invest all or substantially all of their assets in a single fund
    (“master fund”). A fund would also be a “feeder fund” investing in a “master fund” for purposes of this question if it issued multiple classes (or series) of shares or interests,
    and each class (or series) invests substantially all of its assets in a single master fund.
    Yes No
  238. (a) Is this private fund a “fund of funds”?
    NOTE: For purposes of this question only, answer “yes” if the fund invests 10 percent or more of its total assets in other pooled investment vehicles, regardless of whether
    they are also private funds or registered investment companies.
    (b) If yes, does the private fund invest in funds managed by you or by a related person?
    Yes No
  239. During your last fiscal year, did the private fund invest in securities issued by investment companies registered under the Investment Company Act of 1940 (other
    than “money market funds,” to the extent provided in Instruction 6.e.)?
  240. What type of fund is the private fund?
    hedge fund liquidity fund private equity fund real estate fund securitized asset fund venture capital fund Other private fund:
    NOTE: For definitions of these fund types, please see Instruction 6 of the Instructions to Part 1A.
  241. Current gross asset value of the private fund:
    $ 79,829,349
    Ownership
  242. Minimum investment commitment required of an investor in the private fund:
    $ 1
    NOTE: Report the amount routinely required of investors who are not your related persons (even if different from the amount set forth in the organizational documents of the
    fund).
  243. Approximate number of the private fund’s beneficial owners:
    45
  244. What is the approximate percentage of the private fund beneficially owned by you and your related persons:
    6%
  245. (a) What is the approximate percentage of the private fund beneficially owned (in the aggregate) by funds of funds:
    77%
    Yes No
    (b) If the private fund qualifies for the exclusion from the definition of investment company under section 3(c)(1) of the Investment Company Act of 1940, are sales
    of the fund limited to qualified clients?
  246. What is the approximate percentage of the private fund beneficially owned by non-United States persons:
    100%
    Your Advisory Services
    Yes No
  247. (a) Are you a subadviser to this private fund?
    (b) If the answer to question 17.(a) is “yes,” provide the name and SEC file number, if any, of the adviser of the private fund. If the answer to question 17.(a) is “no,” leave this
    question blank.
    No Information Filed
    Yes No
  248. (a) Do any investment advisers (other than the investment advisers listed in Section 7.B.(1).A.3.(b)) advise the private fund?
    (b) If the answer to question 18.(a) is “yes,” provide the name and SEC file number, if any, of the other advisers to the private fund. If the answer to question 18.(a) is “no,”
    leave this question blank.
    No Information Filed
    Yes No
  249. Are your clients solicited to invest in the private fund?
    NOTE: For purposes of this question, do not consider feeder funds of the private fund.
  250. Approximately what percentage of your clients has invested in the private fund?
    100%
    Private Offering
    Yes No
  251. Has the private fund ever relied on an exemption from registration of its securities under Regulation D of the Securities Act of 1933?
  252. If yes, provide the private fund’s Form D file number (if any):
    No Information Filed
    B. SERVICE PROVIDERS
    Auditors
    Yes No
  253. (a) (1) Are the private fund’s financial statements subject to an annual audit?
    (2) If the answer to question 23.(a)(1) is “yes,” are the financial statements prepared in accordance with U.S. GAAP?
    If the answer to question 23.(a)(1) is “yes,” respond to questions (b) through (h) below. If the private fund uses more than one auditing firm, you must complete
    questions (b) through (f) separately for each auditing firm.
    Additional Auditor Information : 1 Record(s) Filed.
    If the answer to question 23.(a)(1) is “yes,” respond to questions (b) through (h) below. If the private fund uses more than one auditing firm, you must complete
    questions (b) through (f) separately for each auditing firm.
    (b) Name of the auditing firm:
    BDO
    (c) The location of the auditing firm’s office responsible for the private fund’s audit (city, state and country):
    City:
    BRISTOL
    State: Country:
    United Kingdom
    Yes No
    (d) Is the auditing firm an independent public accountant?
    (e) Is the auditing firm registered with the Public Company Accounting Oversight Board?
    If yes, Public Company Accounting Oversight Board-Assigned Number:
    (f) If “yes” to (e) above, is the auditing firm subject to regular inspection by the Public Company Accounting Oversight Board in accordance with its rules?
    Yes No
    (g) Are the private fund’s audited financial statements for the most recently completed fiscal year distributed to the private fund’s investors?
    (h) Do all of the reports prepared by the auditing firm for the private fund since your last annual updating amendment contain unqualified opinions?
    Yes No Report Not Yet Received
    If you check “Report Not Yet Received,” you must promptly file an amendment to your Form ADV to update your response when the report is available.
    Prime Broker
    Yes No
  254. (a) Does the private fund use one or more prime brokers?
    If the answer to question 24.(a) is “yes,” respond to questions (b) through (e) below for each prime broker the private fund uses. If the private fund uses more than one
    prime broker, you must complete questions (b) through (e) separately for each prime broker.
    No Information Filed
    Custodian
    Yes No
  255. (a) Does the private fund use any custodians (including the prime brokers listed above) to hold some or all of its assets?
    If the answer to question 25.(a) is “yes,” respond to questions (b) through (g) below for each custodian the private fund uses. If the private fund uses more than one
    custodian, you must complete questions (b) through (g) separately for each custodian.
    No Information Filed
    Administrator
    Yes No
  256. (a) Does the private fund use an administrator other than your firm?
    If the answer to question 26.(a) is “yes,” respond to questions (b) through (f) below. If the private fund uses more than one administrator, you must complete questions
    (b) through (f) separately for each administrator.
    Additional Administrator Information : 1 Record(s) Filed.
    If the answer to question 26.(a) is “yes,” respond to questions (b) through (f) below. If the private fund uses more than one administrator, you must complete
    questions (b) through (f) separately for each administrator.
    (b) Name of administrator:
    LANGHAM HALL
    (c) Location of administrator (city, state and country):
    City:
    LONDON
    State: Country:
    United Kingdom
    Yes No
    (d) Is the administrator a related person of your firm?
    (e) Does the administrator prepare and send investor account statements to the private fund’s investors?
    Yes (provided to all investors) Some (provided to some but not all investors) No (provided to no investors)
    (f) If the answer to question 26.(e) is “no” or “some,” who sends the investor account statements to the (rest of the) private fund’s investors? If investor account
    statements are not sent to the (rest of the) private fund’s investors, respond “not applicable.”
  257. During your last fiscal year, what percentage of the private fund’s assets (by value) was valued by a person, such as an administrator, that is not your related person?
    0%
    Include only those assets where (i) such person carried out the valuation procedure established for that asset, if any, including obtaining any relevant quotes, and (ii) the
    valuation used for purposes of investor subscriptions, redemptions or distributions, and fee calculations (including allocations) was the valuation determined by such
    person.
    Marketers
    Yes No
  258. (a) Does the private fund use the services of someone other than you or your employees for marketing purposes?
    You must answer “yes” whether the person acts as a placement agent, consultant, finder, introducer, municipal advisor or other solicitor, or similar person. If the answer
    to question 28.(a) is “yes,” respond to questions (b) through (g) below for each such marketer the private fund uses. If the private fund uses more than one marketer you
    must complete questions (b) through (g) separately for each marketer.
    No Information Filed
    A. PRIVATE FUND
    Information About the Private Fund
  259. (a) Name of the private fund:
    NOTION CAPITAL III LP
    (b) Private fund identification number:
    (include the “805-” prefix also)
    805-7804679333
  260. Under the laws of what state or country is the private fund organized:
    State: Country:
    United Kingdom
  261. (a) Name(s) of General Partner, Manager, Trustee, or Directors (or persons serving in a similar capacity):
    Name of General Partner, Manager, Trustee, or Director
    NOTION CAPITAL MANAGERS LLP
    (b) If filing an umbrella registration, identify the filing adviser and/or relying adviser(s) that sponsor(s) or manage(s) this private fund.
    No Information Filed
  262. The private fund (check all that apply; you must check at least one):
    (1) qualifies for the exclusion from the definition of investment company under section 3(c)(1) of the Investment Company Act of 1940
    (2) qualifies for the exclusion from the definition of investment company under section 3(c)(7) of the Investment Company Act of 1940
  263. List the name and country, in English, of each foreign financial regulatory authority with which the private fund is registered.
    No Information Filed
    Yes No
  264. (a) Is this a “master fund” in a master-feeder arrangement?
    (b) If yes, what is the name and private fund identification number (if any) of the feeder funds investing in this private fund?
    No Information Filed
    Yes No
    (c) Is this a “feeder fund” in a master-feeder arrangement?
    (d) If yes, what is the name and private fund identification number (if any) of the master fund in which this private fund invests?
    Name of private fund:
    Private fund identification number:
    (include the “805-” prefix also)
    NOTE: You must complete question 6 for each master-feeder arrangement regardless of whether you are filing a single Schedule D, Section 7.B.(1) for the master-feeder
    arrangement or reporting on the funds separately.
  265. If you are filing a single Schedule D, Section 7.B.(1) for a master-feeder arrangement according to the instructions to this Section 7.B.(1), for each of the feeder funds answer
    the following questions:
    No Information Filed
    NOTE: For purposes of questions 6 and 7, in a master-feeder arrangement, one or more funds (“feeder funds”) invest all or substantially all of their assets in a single fund
    (“master fund”). A fund would also be a “feeder fund” investing in a “master fund” for purposes of this question if it issued multiple classes (or series) of shares or interests,
    and each class (or series) invests substantially all of its assets in a single master fund.
    Yes No
  266. (a) Is this private fund a “fund of funds”?
    NOTE: For purposes of this question only, answer “yes” if the fund invests 10 percent or more of its total assets in other pooled investment vehicles, regardless of whether
    they are also private funds or registered investment companies.
    (b) If yes, does the private fund invest in funds managed by you or by a related person?
    Yes No
  267. During your last fiscal year, did the private fund invest in securities issued by investment companies registered under the Investment Company Act of 1940 (other
    than “money market funds,” to the extent provided in Instruction 6.e.)?
  268. What type of fund is the private fund?
    hedge fund liquidity fund private equity fund real estate fund securitized asset fund venture capital fund Other private fund:
    NOTE: For definitions of these fund types, please see Instruction 6 of the Instructions to Part 1A.
  269. Current gross asset value of the private fund:
    $ 139,161,309
    Ownership
  270. Minimum investment commitment required of an investor in the private fund:
    $ 1
    NOTE: Report the amount routinely required of investors who are not your related persons (even if different from the amount set forth in the organizational documents of the
    fund).
  271. Approximate number of the private fund’s beneficial owners:
    37
  272. What is the approximate percentage of the private fund beneficially owned by you and your related persons:
    5%
  273. (a) What is the approximate percentage of the private fund beneficially owned (in the aggregate) by funds of funds:
    2%
    Yes No
    (b) If the private fund qualifies for the exclusion from the definition of investment company under section 3(c)(1) of the Investment Company Act of 1940, are sales
    of the fund limited to qualified clients?
  274. What is the approximate percentage of the private fund beneficially owned by non-United States persons:
    86%
    Your Advisory Services
    Yes No
  275. (a) Are you a subadviser to this private fund?
    (b) If the answer to question 17.(a) is “yes,” provide the name and SEC file number, if any, of the adviser of the private fund. If the answer to question 17.(a) is “no,” leave this
    question blank.
    No Information Filed
    Yes No
  276. (a) Do any investment advisers (other than the investment advisers listed in Section 7.B.(1).A.3.(b)) advise the private fund?
    (b) If the answer to question 18.(a) is “yes,” provide the name and SEC file number, if any, of the other advisers to the private fund. If the answer to question 18.(a) is “no,”
    leave this question blank.
    No Information Filed
    Yes No
  277. Are your clients solicited to invest in the private fund?
    NOTE: For purposes of this question, do not consider feeder funds of the private fund.
  278. Approximately what percentage of your clients has invested in the private fund?
    100%
    Private Offering
    Yes No
  279. Has the private fund ever relied on an exemption from registration of its securities under Regulation D of the Securities Act of 1933?
  280. If yes, provide the private fund’s Form D file number (if any):
    No Information Filed
    B. SERVICE PROVIDERS
    Auditors
    Yes No
  281. (a) (1) Are the private fund’s financial statements subject to an annual audit?
    (2) If the answer to question 23.(a)(1) is “yes,” are the financial statements prepared in accordance with U.S. GAAP?
    If the answer to question 23.(a)(1) is “yes,” respond to questions (b) through (h) below. If the private fund uses more than one auditing firm, you must complete
    questions (b) through (f) separately for each auditing firm.
    Additional Auditor Information : 1 Record(s) Filed.
    If the answer to question 23.(a)(1) is “yes,” respond to questions (b) through (h) below. If the private fund uses more than one auditing firm, you must complete
    questions (b) through (f) separately for each auditing firm.
    (b) Name of the auditing firm:
    BDO
    (c) The location of the auditing firm’s office responsible for the private fund’s audit (city, state and country):
    City:
    BRISTOL
    State: Country:
    United Kingdom
    Yes No
    (d) Is the auditing firm an independent public accountant?
    (e) Is the auditing firm registered with the Public Company Accounting Oversight Board?
    If yes, Public Company Accounting Oversight Board-Assigned Number:
    (f) If “yes” to (e) above, is the auditing firm subject to regular inspection by the Public Company Accounting Oversight Board in accordance with its rules?
    Yes No
    (g) Are the private fund’s audited financial statements for the most recently completed fiscal year distributed to the private fund’s investors?
    (h) Do all of the reports prepared by the auditing firm for the private fund since your last annual updating amendment contain unqualified opinions?
    Yes No Report Not Yet Received
    If you check “Report Not Yet Received,” you must promptly file an amendment to your Form ADV to update your response when the report is available.
    Prime Broker
    Yes No
  282. (a) Does the private fund use one or more prime brokers?
    If the answer to question 24.(a) is “yes,” respond to questions (b) through (e) below for each prime broker the private fund uses. If the private fund uses more than one
    prime broker, you must complete questions (b) through (e) separately for each prime broker.
    No Information Filed
    Custodian
    Yes No
  283. (a) Does the private fund use any custodians (including the prime brokers listed above) to hold some or all of its assets?
    If the answer to question 25.(a) is “yes,” respond to questions (b) through (g) below for each custodian the private fund uses. If the private fund uses more than one
    custodian, you must complete questions (b) through (g) separately for each custodian.
    No Information Filed
    Administrator
    Yes No
  284. (a) Does the private fund use an administrator other than your firm?
    If the answer to question 26.(a) is “yes,” respond to questions (b) through (f) below. If the private fund uses more than one administrator, you must complete questions
    (b) through (f) separately for each administrator.
    Additional Administrator Information : 1 Record(s) Filed.
    If the answer to question 26.(a) is “yes,” respond to questions (b) through (f) below. If the private fund uses more than one administrator, you must complete
    questions (b) through (f) separately for each administrator.
    (b) Name of administrator:
    LANGHAM HALL
    (c) Location of administrator (city, state and country):
    City:
    LONDON
    State: Country:
    United Kingdom
    Yes No
    (d) Is the administrator a related person of your firm?
    (e) Does the administrator prepare and send investor account statements to the private fund’s investors?
    Yes (provided to all investors) Some (provided to some but not all investors) No (provided to no investors)
    (f) If the answer to question 26.(e) is “no” or “some,” who sends the investor account statements to the (rest of the) private fund’s investors? If investor account
    statements are not sent to the (rest of the) private fund’s investors, respond “not applicable.”
  285. During your last fiscal year, what percentage of the private fund’s assets (by value) was valued by a person, such as an administrator, that is not your related person?
    0%
    Include only those assets where (i) such person carried out the valuation procedure established for that asset, if any, including obtaining any relevant quotes, and (ii) the
    valuation used for purposes of investor subscriptions, redemptions or distributions, and fee calculations (including allocations) was the valuation determined by such
    person.
    Marketers
    Yes No
  286. (a) Does the private fund use the services of someone other than you or your employees for marketing purposes?
    You must answer “yes” whether the person acts as a placement agent, consultant, finder, introducer, municipal advisor or other solicitor, or similar person. If the answer
    to question 28.(a) is “yes,” respond to questions (b) through (g) below for each such marketer the private fund uses. If the private fund uses more than one marketer you
    must complete questions (b) through (g) separately for each marketer.
    No Information Filed
    A. PRIVATE FUND
    Information About the Private Fund
  287. (a) Name of the private fund:
    NOTION CAPITAL IV LP
    (b) Private fund identification number:
    (include the “805-” prefix also)
    805-2167470483
  288. Under the laws of what state or country is the private fund organized:
    State: Country:
    United Kingdom
  289. (a) Name(s) of General Partner, Manager, Trustee, or Directors (or persons serving in a similar capacity):
    Name of General Partner, Manager, Trustee, or Director
    NOTION CAPITAL MANAGERS LLP
    (b) If filing an umbrella registration, identify the filing adviser and/or relying adviser(s) that sponsor(s) or manage(s) this private fund.
    No Information Filed
  290. The private fund (check all that apply; you must check at least one):
    (1) qualifies for the exclusion from the definition of investment company under section 3(c)(1) of the Investment Company Act of 1940
    (2) qualifies for the exclusion from the definition of investment company under section 3(c)(7) of the Investment Company Act of 1940
  291. List the name and country, in English, of each foreign financial regulatory authority with which the private fund is registered.
    No Information Filed
    Yes No
  292. (a) Is this a “master fund” in a master-feeder arrangement?
    (b) If yes, what is the name and private fund identification number (if any) of the feeder funds investing in this private fund?
    No Information Filed
    Yes No
    (c) Is this a “feeder fund” in a master-feeder arrangement?
    (d) If yes, what is the name and private fund identification number (if any) of the master fund in which this private fund invests?
    Name of private fund:
    FORM ADV
    UNIFORM APPLICATION FOR INVESTMENT ADVISER REGISTRATION AND REPORT BY EXEMPT REPORTING ADVISERS
    Primary Business Name: NOTION CAPITAL CRD Number: 301084
    Annual Amendment – All Sections Rev. 03/2020
    4/23/2020 10:38:35 AM
    WARNING: Complete this form truthfully. False statements or omissions may result in denial of your application, revocation of your registration, or criminal prosecution. You must
    keep this form updated by filing periodic amendments. See Form ADV General Instruction 4.
    Item 1 Identifying Information
    Responses to this Item tell us who you are, where you are doing business, and how we can contact you. If you are filing an umbrella registration, the information in Item 1 should be
    provided for the filing adviser only. General Instruction 5 provides information to assist you with filing an umbrella registration.
    A. Your full legal name (if you are a sole proprietor, your last, first, and middle names):
    NOTION CAPITAL MANAGERS LLP
    B. (1) Name under which you primarily conduct your advisory business, if different from Item 1.A.
    NOTION CAPITAL
    List on Section 1.B. of Schedule D any additional names under which you conduct your advisory business.
    (2) If you are using this Form ADV to register more than one investment adviser under an umbrella registration, check this box
    If you check this box, complete a Schedule R for each relying adviser.
    C. If this filing is reporting a change in your legal name (Item 1.A.) or primary business name (Item 1.B.(1)), enter the new name and specify whether the name change is of
    your legal name or your primary business name:
    D. (1) If you are registered with the SEC as an investment adviser, your SEC file number:
    (2) If you report to the SEC as an exempt reporting adviser, your SEC file number: 802-117151
    (3) If you have one or more Central Index Key numbers assigned by the SEC (“CIK Numbers”), all of your CIK numbers:
    No Information Filed
    E. (1) If you have a number (“CRD Number”) assigned by the FINRA’s CRD system or by the IARD system, your CRD number: 301084
    If your firm does not have a CRD number, skip this Item 1.E. Do not provide the CRD number of one of your officers, employees, or affiliates.
    (2) If you have additional CRD Numbers, your additional CRD numbers:
    No Information Filed
    F. Principal Office and Place of Business
    (1) Address (do not use a P.O. Box):
    Number and Street 1:
    91 WIMPOLE STREET
    Number and Street 2:
    City:
    LONDON
    State: Country:
    United Kingdom
    ZIP+4/Postal Code:
    W1G 0EF
    If this address is a private residence, check this box:
    List on Section 1.F. of Schedule D any office, other than your principal office and place of business, at which you conduct investment advisory business. If you are applying for
    registration, or are registered, with one or more state securities authorities, you must list all of your offices in the state or states to which you are applying for registration or with
    whom you are registered. If you are applying for SEC registration, if you are registered only with the SEC, or if you are reporting to the SEC as an exempt reporting adviser, list
    the largest twenty-five offices in terms of numbers of employees as of the end of your most recently completed fiscal year.
    (2) Days of week that you normally conduct business at your principal office and place of business:
    Monday – Friday Other:
    Normal business hours at this location:
    09:00 – 17:30
    (3) Telephone number at this location:
    +447919881986
    (4) Facsimile number at this location, if any:
    (5) What is the total number of offices, other than your principal office and place of business, at which you conduct investment advisory business as of the end of your most
    recently completed fiscal year?
    0
    G. Mailing address, if different from your principal office and place of business address:
    Number and Street 1: Number and Street 2:
    City: State: Country: ZIP+4/Postal Code:
    If this address is a private residence, check this box:
    H. If you are a sole proprietor, state your full residence address, if different from your principal office and place of business address in Item 1.F.:
    Number and Street 1: Number and Street 2:
    City: State: Country: ZIP+4/Postal Code:
    Yes No
    I. Do you have one or more websites or accounts on publicly available social media platforms (including, but not limited to, Twitter, Facebook and LinkedIn)?
    If “yes,” list all firm website addresses and the address for each of the firm’s accounts on publicly available social media platforms on Section 1.I. of Schedule D. If a website
    address serves as a portal through which to access other information you have published on the web, you may list the portal without listing addresses for all of the other
    information. You may need to list more than one portal address. Do not provide the addresses of websites or accounts on publicly available social media platforms where you do
    not control the content. Do not provide the individual electronic mail (e-mail) addresses of employees or the addresses of employee accounts on publicly available social media
    platforms.
    J. Chief Compliance Officer
    (1) Provide the name and contact information of your Chief Compliance Officer. If you are an exempt reporting adviser, you must provide the contact information for your Chief
    Compliance Officer, if you have one. If not, you must complete Item 1.K. below.
    Name: Other titles, if any:
    Telephone number: Facsimile number, if any:
    Number and Street 1: Number and Street 2:
    City: State: Country: ZIP+4/Postal Code:
    Electronic mail (e-mail) address, if Chief Compliance Officer has one:
    (2) If your Chief Compliance Officer is compensated or employed by any person other than you, a related person or an investment company registered under the Investment
    Company Act of 1940 that you advise for providing chief compliance officer services to you, provide the person’s name and IRS Employer Identification Number (if any):
    Name:
    IRS Employer Identification Number:
    K. Additional Regulatory Contact Person: If a person other than the Chief Compliance Officer is authorized to receive information and respond to questions about this Form ADV, you
    may provide that information here.
    Name: Titles:
    Telephone number: Facsimile number, if any:
    Number and Street 1: Number and Street 2:
    City: State: Country: ZIP+4/Postal Code:
    Electronic mail (e-mail) address, if contact person has one:
    Yes No
    L. Do you maintain some or all of the books and records you are required to keep under Section 204 of the Advisers Act, or similar state law, somewhere other than your
    principal office and place of business?
    If “yes,” complete Section 1.L. of Schedule D.
    Yes No
    M. Are you registered with a foreign financial regulatory authority?
    Answer “no” if you are not registered with a foreign financial regulatory authority, even if you have an affiliate that is registered with a foreign financial regulatory authority. If “yes,”
    complete Section 1.M. of Schedule D.
    Yes No
    N. Are you a public reporting company under Sections 12 or 15(d) of the Securities Exchange Act of 1934?
    Yes No
    O. Did you have $1 billion or more in assets on the last day of your most recent fiscal year?
    If yes, what is the approximate amount of your assets:
    $1 billion to less than $10 billion
    $10 billion to less than $50 billion
    $50 billion or more
    For purposes of Item 1.O. only, “assets” refers to your total assets, rather than the assets you manage on behalf of clients. Determine your total assets using the total assets shown
    on the balance sheet for your most recent fiscal year end.
    P. Provide your Legal Entity Identifier if you have one:
    A legal entity identifier is a unique number that companies use to identify each other in the financial marketplace. You may not have a legal entity identifier.
    SECTION 1.B. Other Business Names
    No Information Filed
    SECTION 1.F. Other Offices
    No Information Filed
    SECTION 1.I. Website Addresses
    List your website addresses, including addresses for accounts on publicly available social media platforms where you control the content (including, but not limited to, Twitter,
    Facebook and/or LinkedIn). You must complete a separate Schedule D Section 1.I. for each website or account on a publicly available social media platform.
    Address of Website/Account on Publicly Available Social Media Platform: https://notion.vc/
    SECTION 1.L. Location of Books and Records
    No Information Filed
    SECTION 1.M. Registration with Foreign Financial Regulatory Authorities
    List the name and country, in English, of each foreign financial regulatory authority with which you are registered. You must complete a separate Schedule D Section 1.M. for each
    foreign financial regulatory authority with whom you are registered.
    Name of Country/Foreign Financial Regulatory Authority:
    United Kingdom – Financial Conduct Authority
    Other:
    Item 2 SEC Registration/Reporting
    SEC Reporting by Exempt Reporting Advisers
    B. Complete this Item 2.B. only if you are reporting to the SEC as an exempt reporting adviser. Check all that apply. You:
    (1) qualify for the exemption from registration as an adviser solely to one or more venture capital funds, as defined in rule 203(l)-1;
    (2) qualify for the exemption from registration because you act solely as an adviser to private funds and have assets under management, as defined in rule 203(m)-1, in the
    United States of less than $150 million;
    (3) act solely as an adviser to private funds but you are no longer eligible to check box 2.B.(2) because you have assets under management, as defined in rule 203(m)-1, in
    the United States of $150 million or more.
    If you check box (2) or (3), complete Section 2.B. of Schedule D.
    SECTION 2.B. Private Fund Assets
    If you check Item 2.B.(2) or (3), what is the amount of the private fund assets that you manage? $ 321002333
    NOTE: “Private fund assets” has the same meaning here as it has under rule 203(m)-1. If you are an investment adviser with its principal office and place of business outside the
    United States only include private fund assets that you manage at a place of business in the United States.
    Item 3 Form of Organization
    If you are filing an umbrella registration, the information in Item 3 should be provided for the filing adviser only.
    A. How are you organized?
    Corporation
    Sole Proprietorship
    Limited Liability Partnership (LLP)
    Partnership
    Limited Liability Company (LLC)
    Limited Partnership (LP)
    Other (specify):
    If you are changing your response to this Item, see Part 1A Instruction 4.
    B. In what month does your fiscal year end each year?
    MARCH
    C. Under the laws of what state or country are you organized?
    State Country
    United Kingdom
    If you are a partnership, provide the name of the state or country under whose laws your partnership was formed. If you are a sole proprietor, provide the name of the state or
    country where you reside.
    If you are changing your response to this Item, see Part 1A Instruction 4.
    Item 6 Other Business Activities
    In this Item, we request information about your firm’s other business activities.
    A. You are actively engaged in business as a (check all that apply):
    (1) broker-dealer (registered or unregistered)
    (2) registered representative of a broker-dealer
    (3) commodity pool operator or commodity trading advisor (whether registered or exempt from registration)
    (4) futures commission merchant
    (5) real estate broker, dealer, or agent
    (6) insurance broker or agent
    (7) bank (including a separately identifiable department or division of a bank)
    (8) trust company
    (9) registered municipal advisor
    (10) registered security-based swap dealer
    (11) major security-based swap participant
    (12) accountant or accounting firm
    (13) lawyer or law firm
    (14) other financial product salesperson (specify):
    If you engage in other business using a name that is different from the names reported in Items 1.A. or 1.B.(1), complete Section 6.A. of Schedule D.
    Yes No
    B. (1) Are you actively engaged in any other business not listed in Item 6.A. (other than giving investment advice)?
    (2) If yes, is this other business your primary business?
    If “yes,” describe this other business on Section 6.B.(2) of Schedule D, and if you engage in this business under a different name, provide that name.
    Yes No
    (3) Do you sell products or provide services other than investment advice to your advisory clients?
    If “yes,” describe this other business on Section 6.B.(3) of Schedule D, and if you engage in this business under a different name, provide that name.
    SECTION 6.A. Names of Your Other Businesses
    No Information Filed
    SECTION 6.B.(2) Description of Primary Business
    Describe your primary business (not your investment advisory business):
    If you engage in that business under a different name, provide that name:
    SECTION 6.B.(3) Description of Other Products and Services
    Describe other products or services you sell to your client. You may omit products and services that you listed in Section 6.B.(2) above.
    If you engage in that business under a different name, provide that name:
    Item 7 Financial Industry Affiliations
    In this Item, we request information about your financial industry affiliations and activities. This information identifies areas in which conflicts of interest may occur between you and
    your clients.
    A. This part of Item 7 requires you to provide information about you and your related persons, including foreign affiliates. Your related persons are all of your advisory affiliates and any
    person that is under common control with you.
    You have a related person that is a (check all that apply):
    (1) broker-dealer, municipal securities dealer, or government securities broker or dealer (registered or unregistered)
    (2) other investment adviser (including financial planners)
    (3) registered municipal advisor
    (4) registered security-based swap dealer
    (5) major security-based swap participant
    (6) commodity pool operator or commodity trading advisor (whether registered or exempt from registration)
    (7) futures commission merchant
    (8) banking or thrift institution
    (9) trust company
    (10) accountant or accounting firm
    (11) lawyer or law firm
    (12) insurance company or agency
    (13) pension consultant
    (14) real estate broker or dealer
    (15) sponsor or syndicator of limited partnerships (or equivalent), excluding pooled investment vehicles
    (16) sponsor, general partner, managing member (or equivalent) of pooled investment vehicles
    Note that Item 7.A. should not be used to disclose that some of your employees perform investment advisory functions or are registered representatives of a broker-dealer. The
    number of your firm’s employees who perform investment advisory functions should be disclosed under Item 5.B.(1). The number of your firm’s employees who are registered
    representatives of a broker-dealer should be disclosed under Item 5.B.(2).
    Note that if you are filing an umbrella registration, you should not check Item 7.A.(2) with respect to your relying advisers, and you do not have to complete Section 7.A. in
    Schedule D for your relying advisers. You should complete a Schedule R for each relying adviser.
    For each related person, including foreign affiliates that may not be registered or required to be registered in the United States, complete Section 7.A. of Schedule D.
    You do not need to complete Section 7.A. of Schedule D for any related person if: (1) you have no business dealings with the related person in connection with advisory services
    you provide to your clients; (2) you do not conduct shared operations with the related person; (3) you do not refer clients or business to the related person, and the related person
    does not refer prospective clients or business to you; (4) you do not share supervised persons or premises with the related person; and (5) you have no reason to believe that
    your relationship with the related person otherwise creates a conflict of interest with your clients.
    You must complete Section 7.A. of Schedule D for each related person acting as qualified custodian in connection with advisory services you provide to your clients (other than
    any mutual fund transfer agent pursuant to rule 206(4)-2(b)(1)), regardless of whether you have determined the related person to be operationally independent under rule
    206(4)-2 of the Advisers Act.
    SECTION 7.A. Financial Industry Affiliations
    No Information Filed
    Item 7 Private Fund Reporting
    Yes No
    B. Are you an adviser to any private fund?
    If “yes,” then for each private fund that you advise, you must complete a Section 7.B.(1) of Schedule D, except in certain circumstances described in the next sentence and in
    Instruction 6 of the Instructions to Part 1A. If you are registered or applying for registration with the SEC or reporting as an SEC exempt reporting adviser, and another SEC-registered
    adviser or SEC exempt reporting adviser reports this information with respect to any such private fund in Section 7.B.(1) of Schedule D of its Form ADV (e.g., if you are a subadviser),
    do not complete Section 7.B.(1) of Schedule D with respect to that private fund. You must, instead, complete Section 7.B.(2) of Schedule D.
    In either case, if you seek to preserve the anonymity of a private fund client by maintaining its identity in your books and records in numerical or alphabetical code, or similar
    designation, pursuant to rule 204-2(d), you may identify the private fund in Section 7.B.(1) or 7.B.(2) of Schedule D using the same code or designation in place of the fund’s name.
    SECTION 7.B.(1) Private Fund Reporting
    A. PRIVATE FUND
    Information About the Private Fund
  293. (a) Name of the private fund:
    NOTION CAPITAL 2 LP
    (b) Private fund identification number:
    (include the “805-” prefix also)
    805-6271914669
  294. Under the laws of what state or country is the private fund organized:
    State: Country:
    United Kingdom
  295. (a) Name(s) of General Partner, Manager, Trustee, or Directors (or persons serving in a similar capacity):
    Name of General Partner, Manager, Trustee, or Director
    NOTION CAPITAL MANAGERS LLP
    (b) If filing an umbrella registration, identify the filing adviser and/or relying adviser(s) that sponsor(s) or manage(s) this private fund.
    No Information Filed
  296. The private fund (check all that apply; you must check at least one):
    (1) qualifies for the exclusion from the definition of investment company under section 3(c)(1) of the Investment Company Act of 1940
    (2) qualifies for the exclusion from the definition of investment company under section 3(c)(7) of the Investment Company Act of 1940
  297. List the name and country, in English, of each foreign financial regulatory authority with which the private fund is registered.
    No Information Filed
    Yes No
  298. (a) Is this a “master fund” in a master-feeder arrangement?
    (b) If yes, what is the name and private fund identification number (if any) of the feeder funds investing in this private fund?
    No Information Filed
    Yes No
    (c) Is this a “feeder fund” in a master-feeder arrangement?
    (d) If yes, what is the name and private fund identification number (if any) of the master fund in which this private fund invests?
    Name of private fund:
    Private fund identification number:
    (include the “805-” prefix also)
    NOTE: You must complete question 6 for each master-feeder arrangement regardless of whether you are filing a single Schedule D, Section 7.B.(1) for the master-feeder
    arrangement or reporting on the funds separately.
  299. If you are filing a single Schedule D, Section 7.B.(1) for a master-feeder arrangement according to the instructions to this Section 7.B.(1), for each of the feeder funds answer
    the following questions:
    No Information Filed
    NOTE: For purposes of questions 6 and 7, in a master-feeder arrangement, one or more funds (“feeder funds”) invest all or substantially all of their assets in a single fund
    (“master fund”). A fund would also be a “feeder fund” investing in a “master fund” for purposes of this question if it issued multiple classes (or series) of shares or interests,
    and each class (or series) invests substantially all of its assets in a single master fund.
    Yes No
  300. (a) Is this private fund a “fund of funds”?
    NOTE: For purposes of this question only, answer “yes” if the fund invests 10 percent or more of its total assets in other pooled investment vehicles, regardless of whether
    they are also private funds or registered investment companies.
    (b) If yes, does the private fund invest in funds managed by you or by a related person?
    Yes No
  301. During your last fiscal year, did the private fund invest in securities issued by investment companies registered under the Investment Company Act of 1940 (other
    than “money market funds,” to the extent provided in Instruction 6.e.)?
  302. What type of fund is the private fund?
    hedge fund liquidity fund private equity fund real estate fund securitized asset fund venture capital fund Other private fund:
    NOTE: For definitions of these fund types, please see Instruction 6 of the Instructions to Part 1A.
  303. Current gross asset value of the private fund:
    $ 79,829,349
    Ownership
  304. Minimum investment commitment required of an investor in the private fund:
    $ 1
    NOTE: Report the amount routinely required of investors who are not your related persons (even if different from the amount set forth in the organizational documents of the
    fund).
  305. Approximate number of the private fund’s beneficial owners:
    45
  306. What is the approximate percentage of the private fund beneficially owned by you and your related persons:
    6%
  307. (a) What is the approximate percentage of the private fund beneficially owned (in the aggregate) by funds of funds:
    77%
    Yes No
    (b) If the private fund qualifies for the exclusion from the definition of investment company under section 3(c)(1) of the Investment Company Act of 1940, are sales
    of the fund limited to qualified clients?
  308. What is the approximate percentage of the private fund beneficially owned by non-United States persons:
    100%
    Your Advisory Services
    Yes No
  309. (a) Are you a subadviser to this private fund?
    (b) If the answer to question 17.(a) is “yes,” provide the name and SEC file number, if any, of the adviser of the private fund. If the answer to question 17.(a) is “no,” leave this
    question blank.
    No Information Filed
    Yes No
  310. (a) Do any investment advisers (other than the investment advisers listed in Section 7.B.(1).A.3.(b)) advise the private fund?
    (b) If the answer to question 18.(a) is “yes,” provide the name and SEC file number, if any, of the other advisers to the private fund. If the answer to question 18.(a) is “no,”
    leave this question blank.
    No Information Filed
    Yes No
  311. Are your clients solicited to invest in the private fund?
    NOTE: For purposes of this question, do not consider feeder funds of the private fund.
  312. Approximately what percentage of your clients has invested in the private fund?
    100%
    Private Offering
    Yes No
  313. Has the private fund ever relied on an exemption from registration of its securities under Regulation D of the Securities Act of 1933?
  314. If yes, provide the private fund’s Form D file number (if any):
    No Information Filed
    B. SERVICE PROVIDERS
    Auditors
    Yes No
  315. (a) (1) Are the private fund’s financial statements subject to an annual audit?
    (2) If the answer to question 23.(a)(1) is “yes,” are the financial statements prepared in accordance with U.S. GAAP?
    If the answer to question 23.(a)(1) is “yes,” respond to questions (b) through (h) below. If the private fund uses more than one auditing firm, you must complete
    questions (b) through (f) separately for each auditing firm.
    Additional Auditor Information : 1 Record(s) Filed.
    If the answer to question 23.(a)(1) is “yes,” respond to questions (b) through (h) below. If the private fund uses more than one auditing firm, you must complete
    questions (b) through (f) separately for each auditing firm.
    (b) Name of the auditing firm:
    BDO
    (c) The location of the auditing firm’s office responsible for the private fund’s audit (city, state and country):
    City:
    BRISTOL
    State: Country:
    United Kingdom
    Yes No
    (d) Is the auditing firm an independent public accountant?
    (e) Is the auditing firm registered with the Public Company Accounting Oversight Board?
    If yes, Public Company Accounting Oversight Board-Assigned Number:
    (f) If “yes” to (e) above, is the auditing firm subject to regular inspection by the Public Company Accounting Oversight Board in accordance with its rules?
    Yes No
    (g) Are the private fund’s audited financial statements for the most recently completed fiscal year distributed to the private fund’s investors?
    (h) Do all of the reports prepared by the auditing firm for the private fund since your last annual updating amendment contain unqualified opinions?
    Yes No Report Not Yet Received
    If you check “Report Not Yet Received,” you must promptly file an amendment to your Form ADV to update your response when the report is available.
    Prime Broker
    Yes No
  316. (a) Does the private fund use one or more prime brokers?
    If the answer to question 24.(a) is “yes,” respond to questions (b) through (e) below for each prime broker the private fund uses. If the private fund uses more than one
    prime broker, you must complete questions (b) through (e) separately for each prime broker.
    No Information Filed
    Custodian
    Yes No
  317. (a) Does the private fund use any custodians (including the prime brokers listed above) to hold some or all of its assets?
    If the answer to question 25.(a) is “yes,” respond to questions (b) through (g) below for each custodian the private fund uses. If the private fund uses more than one
    custodian, you must complete questions (b) through (g) separately for each custodian.
    No Information Filed
    Administrator
    Yes No
  318. (a) Does the private fund use an administrator other than your firm?
    If the answer to question 26.(a) is “yes,” respond to questions (b) through (f) below. If the private fund uses more than one administrator, you must complete questions
    (b) through (f) separately for each administrator.
    Additional Administrator Information : 1 Record(s) Filed.
    If the answer to question 26.(a) is “yes,” respond to questions (b) through (f) below. If the private fund uses more than one administrator, you must complete
    questions (b) through (f) separately for each administrator.
    (b) Name of administrator:
    LANGHAM HALL
    (c) Location of administrator (city, state and country):
    City:
    LONDON
    State: Country:
    United Kingdom
    Yes No
    (d) Is the administrator a related person of your firm?
    (e) Does the administrator prepare and send investor account statements to the private fund’s investors?
    Yes (provided to all investors) Some (provided to some but not all investors) No (provided to no investors)
    (f) If the answer to question 26.(e) is “no” or “some,” who sends the investor account statements to the (rest of the) private fund’s investors? If investor account
    statements are not sent to the (rest of the) private fund’s investors, respond “not applicable.”
  319. During your last fiscal year, what percentage of the private fund’s assets (by value) was valued by a person, such as an administrator, that is not your related person?
    0%
    Include only those assets where (i) such person carried out the valuation procedure established for that asset, if any, including obtaining any relevant quotes, and (ii) the
    valuation used for purposes of investor subscriptions, redemptions or distributions, and fee calculations (including allocations) was the valuation determined by such
    person.
    Marketers
    Yes No
  320. (a) Does the private fund use the services of someone other than you or your employees for marketing purposes?
    You must answer “yes” whether the person acts as a placement agent, consultant, finder, introducer, municipal advisor or other solicitor, or similar person. If the answer
    to question 28.(a) is “yes,” respond to questions (b) through (g) below for each such marketer the private fund uses. If the private fund uses more than one marketer you
    must complete questions (b) through (g) separately for each marketer.
    No Information Filed
    A. PRIVATE FUND
    Information About the Private Fund
  321. (a) Name of the private fund:
    NOTION CAPITAL III LP
    (b) Private fund identification number:
    (include the “805-” prefix also)
    805-7804679333
  322. Under the laws of what state or country is the private fund organized:
    State: Country:
    United Kingdom
  323. (a) Name(s) of General Partner, Manager, Trustee, or Directors (or persons serving in a similar capacity):
    Name of General Partner, Manager, Trustee, or Director
    NOTION CAPITAL MANAGERS LLP
    (b) If filing an umbrella registration, identify the filing adviser and/or relying adviser(s) that sponsor(s) or manage(s) this private fund.
    No Information Filed
  324. The private fund (check all that apply; you must check at least one):
    (1) qualifies for the exclusion from the definition of investment company under section 3(c)(1) of the Investment Company Act of 1940
    (2) qualifies for the exclusion from the definition of investment company under section 3(c)(7) of the Investment Company Act of 1940
  325. List the name and country, in English, of each foreign financial regulatory authority with which the private fund is registered.
    No Information Filed
    Yes No
  326. (a) Is this a “master fund” in a master-feeder arrangement?
    (b) If yes, what is the name and private fund identification number (if any) of the feeder funds investing in this private fund?
    No Information Filed
    Yes No
    (c) Is this a “feeder fund” in a master-feeder arrangement?
    (d) If yes, what is the name and private fund identification number (if any) of the master fund in which this private fund invests?
    Name of private fund:
    Private fund identification number:
    (include the “805-” prefix also)
    NOTE: You must complete question 6 for each master-feeder arrangement regardless of whether you are filing a single Schedule D, Section 7.B.(1) for the master-feeder
    arrangement or reporting on the funds separately.
  327. If you are filing a single Schedule D, Section 7.B.(1) for a master-feeder arrangement according to the instructions to this Section 7.B.(1), for each of the feeder funds answer
    the following questions:
    No Information Filed
    NOTE: For purposes of questions 6 and 7, in a master-feeder arrangement, one or more funds (“feeder funds”) invest all or substantially all of their assets in a single fund
    (“master fund”). A fund would also be a “feeder fund” investing in a “master fund” for purposes of this question if it issued multiple classes (or series) of shares or interests,
    and each class (or series) invests substantially all of its assets in a single master fund.
    Yes No
  328. (a) Is this private fund a “fund of funds”?
    NOTE: For purposes of this question only, answer “yes” if the fund invests 10 percent or more of its total assets in other pooled investment vehicles, regardless of whether
    they are also private funds or registered investment companies.
    (b) If yes, does the private fund invest in funds managed by you or by a related person?
    Yes No
  329. During your last fiscal year, did the private fund invest in securities issued by investment companies registered under the Investment Company Act of 1940 (other
    than “money market funds,” to the extent provided in Instruction 6.e.)?
  330. What type of fund is the private fund?
    hedge fund liquidity fund private equity fund real estate fund securitized asset fund venture capital fund Other private fund:
    NOTE: For definitions of these fund types, please see Instruction 6 of the Instructions to Part 1A.
  331. Current gross asset value of the private fund:
    $ 139,161,309
    Ownership
  332. Minimum investment commitment required of an investor in the private fund:
    $ 1
    NOTE: Report the amount routinely required of investors who are not your related persons (even if different from the amount set forth in the organizational documents of the
    fund).
  333. Approximate number of the private fund’s beneficial owners:
    37
  334. What is the approximate percentage of the private fund beneficially owned by you and your related persons:
    5%
  335. (a) What is the approximate percentage of the private fund beneficially owned (in the aggregate) by funds of funds:
    2%
    Yes No
    (b) If the private fund qualifies for the exclusion from the definition of investment company under section 3(c)(1) of the Investment Company Act of 1940, are sales
    of the fund limited to qualified clients?
  336. What is the approximate percentage of the private fund beneficially owned by non-United States persons:
    86%
    Your Advisory Services
    Yes No
  337. (a) Are you a subadviser to this private fund?
    (b) If the answer to question 17.(a) is “yes,” provide the name and SEC file number, if any, of the adviser of the private fund. If the answer to question 17.(a) is “no,” leave this
    question blank.
    No Information Filed
    Yes No
  338. (a) Do any investment advisers (other than the investment advisers listed in Section 7.B.(1).A.3.(b)) advise the private fund?
    (b) If the answer to question 18.(a) is “yes,” provide the name and SEC file number, if any, of the other advisers to the private fund. If the answer to question 18.(a) is “no,”
    leave this question blank.
    No Information Filed
    Yes No
  339. Are your clients solicited to invest in the private fund?
    NOTE: For purposes of this question, do not consider feeder funds of the private fund.
  340. Approximately what percentage of your clients has invested in the private fund?
    100%
    Private Offering
    Yes No
  341. Has the private fund ever relied on an exemption from registration of its securities under Regulation D of the Securities Act of 1933?
  342. If yes, provide the private fund’s Form D file number (if any):
    No Information Filed
    B. SERVICE PROVIDERS
    Auditors
    Yes No
  343. (a) (1) Are the private fund’s financial statements subject to an annual audit?
    (2) If the answer to question 23.(a)(1) is “yes,” are the financial statements prepared in accordance with U.S. GAAP?
    If the answer to question 23.(a)(1) is “yes,” respond to questions (b) through (h) below. If the private fund uses more than one auditing firm, you must complete
    questions (b) through (f) separately for each auditing firm.
    Additional Auditor Information : 1 Record(s) Filed.
    If the answer to question 23.(a)(1) is “yes,” respond to questions (b) through (h) below. If the private fund uses more than one auditing firm, you must complete
    questions (b) through (f) separately for each auditing firm.
    (b) Name of the auditing firm:
    BDO
    (c) The location of the auditing firm’s office responsible for the private fund’s audit (city, state and country):
    City:
    BRISTOL
    State: Country:
    United Kingdom
    Yes No
    (d) Is the auditing firm an independent public accountant?
    (e) Is the auditing firm registered with the Public Company Accounting Oversight Board?
    If yes, Public Company Accounting Oversight Board-Assigned Number:
    (f) If “yes” to (e) above, is the auditing firm subject to regular inspection by the Public Company Accounting Oversight Board in accordance with its rules?
    Yes No
    (g) Are the private fund’s audited financial statements for the most recently completed fiscal year distributed to the private fund’s investors?
    (h) Do all of the reports prepared by the auditing firm for the private fund since your last annual updating amendment contain unqualified opinions?
    Yes No Report Not Yet Received
    If you check “Report Not Yet Received,” you must promptly file an amendment to your Form ADV to update your response when the report is available.
    Prime Broker
    Yes No
  344. (a) Does the private fund use one or more prime brokers?
    If the answer to question 24.(a) is “yes,” respond to questions (b) through (e) below for each prime broker the private fund uses. If the private fund uses more than one
    prime broker, you must complete questions (b) through (e) separately for each prime broker.
    No Information Filed
    Custodian
    Yes No
  345. (a) Does the private fund use any custodians (including the prime brokers listed above) to hold some or all of its assets?
    If the answer to question 25.(a) is “yes,” respond to questions (b) through (g) below for each custodian the private fund uses. If the private fund uses more than one
    custodian, you must complete questions (b) through (g) separately for each custodian.
    No Information Filed
    Administrator
    Yes No
  346. (a) Does the private fund use an administrator other than your firm?
    If the answer to question 26.(a) is “yes,” respond to questions (b) through (f) below. If the private fund uses more than one administrator, you must complete questions
    (b) through (f) separately for each administrator.
    Additional Administrator Information : 1 Record(s) Filed.
    If the answer to question 26.(a) is “yes,” respond to questions (b) through (f) below. If the private fund uses more than one administrator, you must complete
    questions (b) through (f) separately for each administrator.
    (b) Name of administrator:
    LANGHAM HALL
    (c) Location of administrator (city, state and country):
    City:
    LONDON
    State: Country:
    United Kingdom
    Yes No
    (d) Is the administrator a related person of your firm?
    (e) Does the administrator prepare and send investor account statements to the private fund’s investors?
    Yes (provided to all investors) Some (provided to some but not all investors) No (provided to no investors)
    (f) If the answer to question 26.(e) is “no” or “some,” who sends the investor account statements to the (rest of the) private fund’s investors? If investor account
    statements are not sent to the (rest of the) private fund’s investors, respond “not applicable.”
  347. During your last fiscal year, what percentage of the private fund’s assets (by value) was valued by a person, such as an administrator, that is not your related person?
    0%
    Include only those assets where (i) such person carried out the valuation procedure established for that asset, if any, including obtaining any relevant quotes, and (ii) the
    valuation used for purposes of investor subscriptions, redemptions or distributions, and fee calculations (including allocations) was the valuation determined by such
    person.
    Marketers
    Yes No
  348. (a) Does the private fund use the services of someone other than you or your employees for marketing purposes?
    You must answer “yes” whether the person acts as a placement agent, consultant, finder, introducer, municipal advisor or other solicitor, or similar person. If the answer
    to question 28.(a) is “yes,” respond to questions (b) through (g) below for each such marketer the private fund uses. If the private fund uses more than one marketer you
    must complete questions (b) through (g) separately for each marketer.
    No Information Filed
    A. PRIVATE FUND
    Information About the Private Fund
  349. (a) Name of the private fund:
    NOTION CAPITAL IV LP
    (b) Private fund identification number:
    (include the “805-” prefix also)
    805-2167470483
  350. Under the laws of what state or country is the private fund organized:
    State: Country:
    United Kingdom
  351. (a) Name(s) of General Partner, Manager, Trustee, or Directors (or persons serving in a similar capacity):
    Name of General Partner, Manager, Trustee, or Director
    NOTION CAPITAL MANAGERS LLP
    (b) If filing an umbrella registration, identify the filing adviser and/or relying adviser(s) that sponsor(s) or manage(s) this private fund.
    No Information Filed
  352. The private fund (check all that apply; you must check at least one):
    (1) qualifies for the exclusion from the definition of investment company under section 3(c)(1) of the Investment Company Act of 1940
    (2) qualifies for the exclusion from the definition of investment company under section 3(c)(7) of the Investment Company Act of 1940
  353. List the name and country, in English, of each foreign financial regulatory authority with which the private fund is registered.
    No Information Filed
    Yes No
  354. (a) Is this a “master fund” in a master-feeder arrangement?
    (b) If yes, what is the name and private fund identification number (if any) of the feeder funds investing in this private fund?
    No Information Filed
    Yes No
    (c) Is this a “feeder fund” in a master-feeder arrangement?
    (d) If yes, what is the name and private fund identification number (if any) of the master fund in which this private fund invests?
    Name of private fund:
    Private fund identification number:
    (include the “805-” prefix also)
    NOTE: You must complete question 6 for each master-feeder arrangement regardless of whether you are filing a single Schedule D, Section 7.B.(1) for the master-feeder
    arrangement or reporting on the funds separately.
  355. If you are filing a single Schedule D, Section 7.B.(1) for a master-feeder arrangement according to the instructions to this Section 7.B.(1), for each of the feeder funds answer
    the following questions:
    No Information Filed
    NOTE: For purposes of questions 6 and 7, in a master-feeder arrangement, one or more funds (“feeder funds”) invest all or substantially all of their assets in a single fund
    (“master fund”). A fund would also be a “feeder fund” investing in a “master fund” for purposes of this question if it issued multiple classes (or series) of shares or interests,
    and each class (or series) invests substantially all of its assets in a single master fund.
    Yes No
  356. (a) Is this private fund a “fund of funds”?
    NOTE: For purposes of this question only, answer “yes” if the fund invests 10 percent or more of its total assets in other pooled investment vehicles, regardless of whether
    they are also private funds or registered investment companies.
    (b) If yes, does the private fund invest in funds managed by you or by a related person?
    Yes No
  357. During your last fiscal year, did the private fund invest in securities issued by investment companies registered under the Investment Company Act of 1940 (other
    than “money market funds,” to the extent provided in Instruction 6.e.)?
  358. What type of fund is the private fund?
    hedge fund liquidity fund private equity fund real estate fund securitized asset fund venture capital fund Other private fund:
    NOTE: For definitions of these fund types, please see Instruction 6 of the Instructions to Part 1A.
  359. Current gross asset value of the private fund:
    $ 10,024,984
    Ownership
  360. Minimum investment commitment required of an investor in the private fund:
    $ 100,000
    NOTE: Report the amount routinely required of investors who are not your related persons (even if different from the amount set forth in the organizational documents of the
    fund).
  361. Approximate number of the private fund’s beneficial owners:
    24
  362. What is the approximate percentage of the private fund beneficially owned by you and your related persons:
    3%
  363. (a) What is the approximate percentage of the private fund beneficially owned (in the aggregate) by funds of funds:
    62%
    Yes No
    (b) If the private fund qualifies for the exclusion from the definition of investment company under section 3(c)(1) of the Investment Company Act of 1940, are sales
    of the fund limited to qualified clients?
  364. What is the approximate percentage of the private fund beneficially owned by non-United States persons:
    84%
    Your Advisory Services
    Yes No
  365. (a) Are you a subadviser to this private fund?
    (b) If the answer to question 17.(a) is “yes,” provide the name and SEC file number, if any, of the adviser of the private fund. If the answer to question 17.(a) is “no,” leave this
    question blank.
    FORM ADV
    UNIFORM APPLICATION FOR INVESTMENT ADVISER REGISTRATION AND REPORT BY EXEMPT REPORTING ADVISERS
    Primary Business Name: NOTION CAPITAL CRD Number: 301084
    Annual Amendment – All Sections Rev. 03/2020
    4/23/2020 10:38:35 AM
    WARNING: Complete this form truthfully. False statements or omissions may result in denial of your application, revocation of your registration, or criminal prosecution. You must
    keep this form updated by filing periodic amendments. See Form ADV General Instruction 4.
    Item 1 Identifying Information
    Responses to this Item tell us who you are, where you are doing business, and how we can contact you. If you are filing an umbrella registration, the information in Item 1 should be
    provided for the filing adviser only. General Instruction 5 provides information to assist you with filing an umbrella registration.
    A. Your full legal name (if you are a sole proprietor, your last, first, and middle names):
    NOTION CAPITAL MANAGERS LLP
    B. (1) Name under which you primarily conduct your advisory business, if different from Item 1.A.
    NOTION CAPITAL
    List on Section 1.B. of Schedule D any additional names under which you conduct your advisory business.
    (2) If you are using this Form ADV to register more than one investment adviser under an umbrella registration, check this box
    If you check this box, complete a Schedule R for each relying adviser.
    C. If this filing is reporting a change in your legal name (Item 1.A.) or primary business name (Item 1.B.(1)), enter the new name and specify whether the name change is of
    your legal name or your primary business name:
    D. (1) If you are registered with the SEC as an investment adviser, your SEC file number:
    (2) If you report to the SEC as an exempt reporting adviser, your SEC file number: 802-117151
    (3) If you have one or more Central Index Key numbers assigned by the SEC (“CIK Numbers”), all of your CIK numbers:
    No Information Filed
    E. (1) If you have a number (“CRD Number”) assigned by the FINRA’s CRD system or by the IARD system, your CRD number: 301084
    If your firm does not have a CRD number, skip this Item 1.E. Do not provide the CRD number of one of your officers, employees, or affiliates.
    (2) If you have additional CRD Numbers, your additional CRD numbers:
    No Information Filed
    F. Principal Office and Place of Business
    (1) Address (do not use a P.O. Box):
    Number and Street 1:
    91 WIMPOLE STREET
    Number and Street 2:
    City:
    LONDON
    State: Country:
    United Kingdom
    ZIP+4/Postal Code:
    W1G 0EF
    If this address is a private residence, check this box:
    List on Section 1.F. of Schedule D any office, other than your principal office and place of business, at which you conduct investment advisory business. If you are applying for
    registration, or are registered, with one or more state securities authorities, you must list all of your offices in the state or states to which you are applying for registration or with
    whom you are registered. If you are applying for SEC registration, if you are registered only with the SEC, or if you are reporting to the SEC as an exempt reporting adviser, list
    the largest twenty-five offices in terms of numbers of employees as of the end of your most recently completed fiscal year.
    (2) Days of week that you normally conduct business at your principal office and place of business:
    Monday – Friday Other:
    Normal business hours at this location:
    09:00 – 17:30
    (3) Telephone number at this location:
    +447919881986
    (4) Facsimile number at this location, if any:
    (5) What is the total number of offices, other than your principal office and place of business, at which you conduct investment advisory business as of the end of your most
    recently completed fiscal year?
    0
    G. Mailing address, if different from your principal office and place of business address:
    Number and Street 1: Number and Street 2:
    City: State: Country: ZIP+4/Postal Code:
    If this address is a private residence, check this box:
    H. If you are a sole proprietor, state your full residence address, if different from your principal office and place of business address in Item 1.F.:
    Number and Street 1: Number and Street 2:
    City: State: Country: ZIP+4/Postal Code:
    Yes No
    I. Do you have one or more websites or accounts on publicly available social media platforms (including, but not limited to, Twitter, Facebook and LinkedIn)?
    If “yes,” list all firm website addresses and the address for each of the firm’s accounts on publicly available social media platforms on Section 1.I. of Schedule D. If a website
    address serves as a portal through which to access other information you have published on the web, you may list the portal without listing addresses for all of the other
    information. You may need to list more than one portal address. Do not provide the addresses of websites or accounts on publicly available social media platforms where you do
    not control the content. Do not provide the individual electronic mail (e-mail) addresses of employees or the addresses of employee accounts on publicly available social media
    platforms.
    J. Chief Compliance Officer
    (1) Provide the name and contact information of your Chief Compliance Officer. If you are an exempt reporting adviser, you must provide the contact information for your Chief
    Compliance Officer, if you have one. If not, you must complete Item 1.K. below.
    Name: Other titles, if any:
    Telephone number: Facsimile number, if any:
    Number and Street 1: Number and Street 2:
    City: State: Country: ZIP+4/Postal Code:
    Electronic mail (e-mail) address, if Chief Compliance Officer has one:
    (2) If your Chief Compliance Officer is compensated or employed by any person other than you, a related person or an investment company registered under the Investment
    Company Act of 1940 that you advise for providing chief compliance officer services to you, provide the person’s name and IRS Employer Identification Number (if any):
    Name:
    IRS Employer Identification Number:
    K. Additional Regulatory Contact Person: If a person other than the Chief Compliance Officer is authorized to receive information and respond to questions about this Form ADV, you
    may provide that information here.
    Name: Titles:
    Telephone number: Facsimile number, if any:
    Number and Street 1: Number and Street 2:
    City: State: Country: ZIP+4/Postal Code:
    Electronic mail (e-mail) address, if contact person has one:
    Yes No
    L. Do you maintain some or all of the books and records you are required to keep under Section 204 of the Advisers Act, or similar state law, somewhere other than your
    principal office and place of business?
    If “yes,” complete Section 1.L. of Schedule D.
    Yes No
    M. Are you registered with a foreign financial regulatory authority?
    Answer “no” if you are not registered with a foreign financial regulatory authority, even if you have an affiliate that is registered with a foreign financial regulatory authority. If “yes,”
    complete Section 1.M. of Schedule D.
    Yes No
    N. Are you a public reporting company under Sections 12 or 15(d) of the Securities Exchange Act of 1934?
    Yes No
    O. Did you have $1 billion or more in assets on the last day of your most recent fiscal year?
    If yes, what is the approximate amount of your assets:
    $1 billion to less than $10 billion
    $10 billion to less than $50 billion
    $50 billion or more
    For purposes of Item 1.O. only, “assets” refers to your total assets, rather than the assets you manage on behalf of clients. Determine your total assets using the total assets shown
    on the balance sheet for your most recent fiscal year end.
    P. Provide your Legal Entity Identifier if you have one:
    A legal entity identifier is a unique number that companies use to identify each other in the financial marketplace. You may not have a legal entity identifier.
    SECTION 1.B. Other Business Names
    No Information Filed
    SECTION 1.F. Other Offices
    No Information Filed
    SECTION 1.I. Website Addresses
    List your website addresses, including addresses for accounts on publicly available social media platforms where you control the content (including, but not limited to, Twitter,
    Facebook and/or LinkedIn). You must complete a separate Schedule D Section 1.I. for each website or account on a publicly available social media platform.
    Address of Website/Account on Publicly Available Social Media Platform: https://notion.vc/
    SECTION 1.L. Location of Books and Records
    No Information Filed
    SECTION 1.M. Registration with Foreign Financial Regulatory Authorities
    List the name and country, in English, of each foreign financial regulatory authority with which you are registered. You must complete a separate Schedule D Section 1.M. for each
    foreign financial regulatory authority with whom you are registered.
    Name of Country/Foreign Financial Regulatory Authority:
    United Kingdom – Financial Conduct Authority
    Other:
    Item 2 SEC Registration/Reporting
    SEC Reporting by Exempt Reporting Advisers
    B. Complete this Item 2.B. only if you are reporting to the SEC as an exempt reporting adviser. Check all that apply. You:
    (1) qualify for the exemption from registration as an adviser solely to one or more venture capital funds, as defined in rule 203(l)-1;
    (2) qualify for the exemption from registration because you act solely as an adviser to private funds and have assets under management, as defined in rule 203(m)-1, in the
    United States of less than $150 million;
    (3) act solely as an adviser to private funds but you are no longer eligible to check box 2.B.(2) because you have assets under management, as defined in rule 203(m)-1, in
    the United States of $150 million or more.
    If you check box (2) or (3), complete Section 2.B. of Schedule D.
    SECTION 2.B. Private Fund Assets
    If you check Item 2.B.(2) or (3), what is the amount of the private fund assets that you manage? $ 321002333
    NOTE: “Private fund assets” has the same meaning here as it has under rule 203(m)-1. If you are an investment adviser with its principal office and place of business outside the
    United States only include private fund assets that you manage at a place of business in the United States.
    Item 3 Form of Organization
    If you are filing an umbrella registration, the information in Item 3 should be provided for the filing adviser only.
    A. How are you organized?
    Corporation
    Sole Proprietorship
    Limited Liability Partnership (LLP)
    Partnership
    Limited Liability Company (LLC)
    Limited Partnership (LP)
    Other (specify):
    If you are changing your response to this Item, see Part 1A Instruction 4.
    B. In what month does your fiscal year end each year?
    MARCH
    C. Under the laws of what state or country are you organized?
    State Country
    United Kingdom
    If you are a partnership, provide the name of the state or country under whose laws your partnership was formed. If you are a sole proprietor, provide the name of the state or
    country where you reside.
    If you are changing your response to this Item, see Part 1A Instruction 4.
    Item 6 Other Business Activities
    In this Item, we request information about your firm’s other business activities.
    A. You are actively engaged in business as a (check all that apply):
    (1) broker-dealer (registered or unregistered)
    (2) registered representative of a broker-dealer
    (3) commodity pool operator or commodity trading advisor (whether registered or exempt from registration)
    (4) futures commission merchant
    (5) real estate broker, dealer, or agent
    (6) insurance broker or agent
    (7) bank (including a separately identifiable department or division of a bank)
    (8) trust company
    (9) registered municipal advisor
    (10) registered security-based swap dealer
    (11) major security-based swap participant
    (12) accountant or accounting firm
    (13) lawyer or law firm
    (14) other financial product salesperson (specify):
    If you engage in other business using a name that is different from the names reported in Items 1.A. or 1.B.(1), complete Section 6.A. of Schedule D.
    Yes No
    B. (1) Are you actively engaged in any other business not listed in Item 6.A. (other than giving investment advice)?
    (2) If yes, is this other business your primary business?
    If “yes,” describe this other business on Section 6.B.(2) of Schedule D, and if you engage in this business under a different name, provide that name.
    Yes No
    (3) Do you sell products or provide services other than investment advice to your advisory clients?
    If “yes,” describe this other business on Section 6.B.(3) of Schedule D, and if you engage in this business under a different name, provide that name.
    SECTION 6.A. Names of Your Other Businesses
    No Information Filed
    SECTION 6.B.(2) Description of Primary Business
    Describe your primary business (not your investment advisory business):
    If you engage in that business under a different name, provide that name:
    SECTION 6.B.(3) Description of Other Products and Services
    Describe other products or services you sell to your client. You may omit products and services that you listed in Section 6.B.(2) above.
    If you engage in that business under a different name, provide that name:
    Item 7 Financial Industry Affiliations
    In this Item, we request information about your financial industry affiliations and activities. This information identifies areas in which conflicts of interest may occur between you and
    your clients.
    A. This part of Item 7 requires you to provide information about you and your related persons, including foreign affiliates. Your related persons are all of your advisory affiliates and any
    person that is under common control with you.
    You have a related person that is a (check all that apply):
    (1) broker-dealer, municipal securities dealer, or government securities broker or dealer (registered or unregistered)
    (2) other investment adviser (including financial planners)
    (3) registered municipal advisor
    (4) registered security-based swap dealer
    (5) major security-based swap participant
    (6) commodity pool operator or commodity trading advisor (whether registered or exempt from registration)
    (7) futures commission merchant
    (8) banking or thrift institution
    (9) trust company
    (10) accountant or accounting firm
    (11) lawyer or law firm
    (12) insurance company or agency
    (13) pension consultant
    (14) real estate broker or dealer
    (15) sponsor or syndicator of limited partnerships (or equivalent), excluding pooled investment vehicles
    (16) sponsor, general partner, managing member (or equivalent) of pooled investment vehicles
    Note that Item 7.A. should not be used to disclose that some of your employees perform investment advisory functions or are registered representatives of a broker-dealer. The
    number of your firm’s employees who perform investment advisory functions should be disclosed under Item 5.B.(1). The number of your firm’s employees who are registered
    representatives of a broker-dealer should be disclosed under Item 5.B.(2).
    Note that if you are filing an umbrella registration, you should not check Item 7.A.(2) with respect to your relying advisers, and you do not have to complete Section 7.A. in
    Schedule D for your relying advisers. You should complete a Schedule R for each relying adviser.
    For each related person, including foreign affiliates that may not be registered or required to be registered in the United States, complete Section 7.A. of Schedule D.
    You do not need to complete Section 7.A. of Schedule D for any related person if: (1) you have no business dealings with the related person in connection with advisory services
    you provide to your clients; (2) you do not conduct shared operations with the related person; (3) you do not refer clients or business to the related person, and the related person
    does not refer prospective clients or business to you; (4) you do not share supervised persons or premises with the related person; and (5) you have no reason to believe that
    your relationship with the related person otherwise creates a conflict of interest with your clients.
    You must complete Section 7.A. of Schedule D for each related person acting as qualified custodian in connection with advisory services you provide to your clients (other than
    any mutual fund transfer agent pursuant to rule 206(4)-2(b)(1)), regardless of whether you have determined the related person to be operationally independent under rule
    206(4)-2 of the Advisers Act.
    SECTION 7.A. Financial Industry Affiliations
    No Information Filed
    Item 7 Private Fund Reporting
    Yes No
    B. Are you an adviser to any private fund?
    If “yes,” then for each private fund that you advise, you must complete a Section 7.B.(1) of Schedule D, except in certain circumstances described in the next sentence and in
    Instruction 6 of the Instructions to Part 1A. If you are registered or applying for registration with the SEC or reporting as an SEC exempt reporting adviser, and another SEC-registered
    adviser or SEC exempt reporting adviser reports this information with respect to any such private fund in Section 7.B.(1) of Schedule D of its Form ADV (e.g., if you are a subadviser),
    do not complete Section 7.B.(1) of Schedule D with respect to that private fund. You must, instead, complete Section 7.B.(2) of Schedule D.
    In either case, if you seek to preserve the anonymity of a private fund client by maintaining its identity in your books and records in numerical or alphabetical code, or similar
    designation, pursuant to rule 204-2(d), you may identify the private fund in Section 7.B.(1) or 7.B.(2) of Schedule D using the same code or designation in place of the fund’s name.
    SECTION 7.B.(1) Private Fund Reporting
    A. PRIVATE FUND
    Information About the Private Fund
  366. (a) Name of the private fund:
    NOTION CAPITAL 2 LP
    (b) Private fund identification number:
    (include the “805-” prefix also)
    805-6271914669
  367. Under the laws of what state or country is the private fund organized:
    State: Country:
    United Kingdom
  368. (a) Name(s) of General Partner, Manager, Trustee, or Directors (or persons serving in a similar capacity):
    Name of General Partner, Manager, Trustee, or Director
    NOTION CAPITAL MANAGERS LLP
    (b) If filing an umbrella registration, identify the filing adviser and/or relying adviser(s) that sponsor(s) or manage(s) this private fund.
    No Information Filed
  369. The private fund (check all that apply; you must check at least one):
    (1) qualifies for the exclusion from the definition of investment company under section 3(c)(1) of the Investment Company Act of 1940
    (2) qualifies for the exclusion from the definition of investment company under section 3(c)(7) of the Investment Company Act of 1940
  370. List the name and country, in English, of each foreign financial regulatory authority with which the private fund is registered.
    No Information Filed
    Yes No
  371. (a) Is this a “master fund” in a master-feeder arrangement?
    (b) If yes, what is the name and private fund identification number (if any) of the feeder funds investing in this private fund?
    No Information Filed
    Yes No
    (c) Is this a “feeder fund” in a master-feeder arrangement?
    (d) If yes, what is the name and private fund identification number (if any) of the master fund in which this private fund invests?
    Name of private fund:
    Private fund identification number:
    (include the “805-” prefix also)
    NOTE: You must complete question 6 for each master-feeder arrangement regardless of whether you are filing a single Schedule D, Section 7.B.(1) for the master-feeder
    arrangement or reporting on the funds separately.
  372. If you are filing a single Schedule D, Section 7.B.(1) for a master-feeder arrangement according to the instructions to this Section 7.B.(1), for each of the feeder funds answer
    the following questions:
    No Information Filed
    NOTE: For purposes of questions 6 and 7, in a master-feeder arrangement, one or more funds (“feeder funds”) invest all or substantially all of their assets in a single fund
    (“master fund”). A fund would also be a “feeder fund” investing in a “master fund” for purposes of this question if it issued multiple classes (or series) of shares or interests,
    and each class (or series) invests substantially all of its assets in a single master fund.
    Yes No
  373. (a) Is this private fund a “fund of funds”?
    NOTE: For purposes of this question only, answer “yes” if the fund invests 10 percent or more of its total assets in other pooled investment vehicles, regardless of whether
    they are also private funds or registered investment companies.
    (b) If yes, does the private fund invest in funds managed by you or by a related person?
    Yes No
  374. During your last fiscal year, did the private fund invest in securities issued by investment companies registered under the Investment Company Act of 1940 (other
    than “money market funds,” to the extent provided in Instruction 6.e.)?
  375. What type of fund is the private fund?
    hedge fund liquidity fund private equity fund real estate fund securitized asset fund venture capital fund Other private fund:
    NOTE: For definitions of these fund types, please see Instruction 6 of the Instructions to Part 1A.
  376. Current gross asset value of the private fund:
    $ 79,829,349
    Ownership
  377. Minimum investment commitment required of an investor in the private fund:
    $ 1
    NOTE: Report the amount routinely required of investors who are not your related persons (even if different from the amount set forth in the organizational documents of the
    fund).
  378. Approximate number of the private fund’s beneficial owners:
    45
  379. What is the approximate percentage of the private fund beneficially owned by you and your related persons:
    6%
  380. (a) What is the approximate percentage of the private fund beneficially owned (in the aggregate) by funds of funds:
    77%
    Yes No
    (b) If the private fund qualifies for the exclusion from the definition of investment company under section 3(c)(1) of the Investment Company Act of 1940, are sales
    of the fund limited to qualified clients?
  381. What is the approximate percentage of the private fund beneficially owned by non-United States persons:
    100%
    Your Advisory Services
    Yes No
  382. (a) Are you a subadviser to this private fund?
    (b) If the answer to question 17.(a) is “yes,” provide the name and SEC file number, if any, of the adviser of the private fund. If the answer to question 17.(a) is “no,” leave this
    question blank.
    No Information Filed
    Yes No
  383. (a) Do any investment advisers (other than the investment advisers listed in Section 7.B.(1).A.3.(b)) advise the private fund?
    (b) If the answer to question 18.(a) is “yes,” provide the name and SEC file number, if any, of the other advisers to the private fund. If the answer to question 18.(a) is “no,”
    leave this question blank.
    No Information Filed
    Yes No
  384. Are your clients solicited to invest in the private fund?
    NOTE: For purposes of this question, do not consider feeder funds of the private fund.
  385. Approximately what percentage of your clients has invested in the private fund?
    100%
    Private Offering
    Yes No
  386. Has the private fund ever relied on an exemption from registration of its securities under Regulation D of the Securities Act of 1933?
  387. If yes, provide the private fund’s Form D file number (if any):
    No Information Filed
    B. SERVICE PROVIDERS
    Auditors
    Yes No
  388. (a) (1) Are the private fund’s financial statements subject to an annual audit?
    (2) If the answer to question 23.(a)(1) is “yes,” are the financial statements prepared in accordance with U.S. GAAP?
    If the answer to question 23.(a)(1) is “yes,” respond to questions (b) through (h) below. If the private fund uses more than one auditing firm, you must complete
    questions (b) through (f) separately for each auditing firm.
    Additional Auditor Information : 1 Record(s) Filed.
    If the answer to question 23.(a)(1) is “yes,” respond to questions (b) through (h) below. If the private fund uses more than one auditing firm, you must complete
    questions (b) through (f) separately for each auditing firm.
    (b) Name of the auditing firm:
    BDO
    (c) The location of the auditing firm’s office responsible for the private fund’s audit (city, state and country):
    City:
    BRISTOL
    State: Country:
    United Kingdom
    Yes No
    (d) Is the auditing firm an independent public accountant?
    (e) Is the auditing firm registered with the Public Company Accounting Oversight Board?
    If yes, Public Company Accounting Oversight Board-Assigned Number:
    (f) If “yes” to (e) above, is the auditing firm subject to regular inspection by the Public Company Accounting Oversight Board in accordance with its rules?
    Yes No
    (g) Are the private fund’s audited financial statements for the most recently completed fiscal year distributed to the private fund’s investors?
    (h) Do all of the reports prepared by the auditing firm for the private fund since your last annual updating amendment contain unqualified opinions?
    Yes No Report Not Yet Received
    If you check “Report Not Yet Received,” you must promptly file an amendment to your Form ADV to update your response when the report is available.
    Prime Broker
    Yes No
  389. (a) Does the private fund use one or more prime brokers?
    If the answer to question 24.(a) is “yes,” respond to questions (b) through (e) below for each prime broker the private fund uses. If the private fund uses more than one
    prime broker, you must complete questions (b) through (e) separately for each prime broker.
    No Information Filed
    Custodian
    Yes No
  390. (a) Does the private fund use any custodians (including the prime brokers listed above) to hold some or all of its assets?
    If the answer to question 25.(a) is “yes,” respond to questions (b) through (g) below for each custodian the private fund uses. If the private fund uses more than one
    custodian, you must complete questions (b) through (g) separately for each custodian.
    No Information Filed
    Administrator
    Yes No
  391. (a) Does the private fund use an administrator other than your firm?
    If the answer to question 26.(a) is “yes,” respond to questions (b) through (f) below. If the private fund uses more than one administrator, you must complete questions
    (b) through (f) separately for each administrator.
    Additional Administrator Information : 1 Record(s) Filed.
    If the answer to question 26.(a) is “yes,” respond to questions (b) through (f) below. If the private fund uses more than one administrator, you must complete
    questions (b) through (f) separately for each administrator.
    (b) Name of administrator:
    LANGHAM HALL
    (c) Location of administrator (city, state and country):
    City:
    LONDON
    State: Country:
    United Kingdom
    Yes No
    (d) Is the administrator a related person of your firm?
    (e) Does the administrator prepare and send investor account statements to the private fund’s investors?
    Yes (provided to all investors) Some (provided to some but not all investors) No (provided to no investors)
    (f) If the answer to question 26.(e) is “no” or “some,” who sends the investor account statements to the (rest of the) private fund’s investors? If investor account
    statements are not sent to the (rest of the) private fund’s investors, respond “not applicable.”
  392. During your last fiscal year, what percentage of the private fund’s assets (by value) was valued by a person, such as an administrator, that is not your related person?
    0%
    Include only those assets where (i) such person carried out the valuation procedure established for that asset, if any, including obtaining any relevant quotes, and (ii) the
    valuation used for purposes of investor subscriptions, redemptions or distributions, and fee calculations (including allocations) was the valuation determined by such
    person.
    Marketers
    Yes No
  393. (a) Does the private fund use the services of someone other than you or your employees for marketing purposes?
    You must answer “yes” whether the person acts as a placement agent, consultant, finder, introducer, municipal advisor or other solicitor, or similar person. If the answer
    to question 28.(a) is “yes,” respond to questions (b) through (g) below for each such marketer the private fund uses. If the private fund uses more than one marketer you
    must complete questions (b) through (g) separately for each marketer.
    No Information Filed
    A. PRIVATE FUND
    Information About the Private Fund
  394. (a) Name of the private fund:
    NOTION CAPITAL III LP
    (b) Private fund identification number:
    (include the “805-” prefix also)
    805-7804679333
  395. Under the laws of what state or country is the private fund organized:
    State: Country:
    United Kingdom
  396. (a) Name(s) of General Partner, Manager, Trustee, or Directors (or persons serving in a similar capacity):
    Name of General Partner, Manager, Trustee, or Director
    NOTION CAPITAL MANAGERS LLP
    (b) If filing an umbrella registration, identify the filing adviser and/or relying adviser(s) that sponsor(s) or manage(s) this private fund.
    No Information Filed
  397. The private fund (check all that apply; you must check at least one):
    (1) qualifies for the exclusion from the definition of investment company under section 3(c)(1) of the Investment Company Act of 1940
    (2) qualifies for the exclusion from the definition of investment company under section 3(c)(7) of the Investment Company Act of 1940
  398. List the name and country, in English, of each foreign financial regulatory authority with which the private fund is registered.
    No Information Filed
    Yes No
  399. (a) Is this a “master fund” in a master-feeder arrangement?
    (b) If yes, what is the name and private fund identification number (if any) of the feeder funds investing in this private fund?
    No Information Filed
    Yes No
    (c) Is this a “feeder fund” in a master-feeder arrangement?
    (d) If yes, what is the name and private fund identification number (if any) of the master fund in which this private fund invests?
    Name of private fund:
    Private fund identification number:
    (include the “805-” prefix also)
    NOTE: You must complete question 6 for each master-feeder arrangement regardless of whether you are filing a single Schedule D, Section 7.B.(1) for the master-feeder
    arrangement or reporting on the funds separately.
  400. If you are filing a single Schedule D, Section 7.B.(1) for a master-feeder arrangement according to the instructions to this Section 7.B.(1), for each of the feeder funds answer
    the following questions:
    No Information Filed
    NOTE: For purposes of questions 6 and 7, in a master-feeder arrangement, one or more funds (“feeder funds”) invest all or substantially all of their assets in a single fund
    (“master fund”). A fund would also be a “feeder fund” investing in a “master fund” for purposes of this question if it issued multiple classes (or series) of shares or interests,
    and each class (or series) invests substantially all of its assets in a single master fund.
    Yes No
  401. (a) Is this private fund a “fund of funds”?
    NOTE: For purposes of this question only, answer “yes” if the fund invests 10 percent or more of its total assets in other pooled investment vehicles, regardless of whether
    they are also private funds or registered investment companies.
    (b) If yes, does the private fund invest in funds managed by you or by a related person?
    Yes No
  402. During your last fiscal year, did the private fund invest in securities issued by investment companies registered under the Investment Company Act of 1940 (other
    than “money market funds,” to the extent provided in Instruction 6.e.)?
  403. What type of fund is the private fund?
    hedge fund liquidity fund private equity fund real estate fund securitized asset fund venture capital fund Other private fund:
    NOTE: For definitions of these fund types, please see Instruction 6 of the Instructions to Part 1A.
  404. Current gross asset value of the private fund:
    $ 139,161,309
    Ownership
  405. Minimum investment commitment required of an investor in the private fund:
    $ 1
    NOTE: Report the amount routinely required of investors who are not your related persons (even if different from the amount set forth in the organizational documents of the
    fund).
  406. Approximate number of the private fund’s beneficial owners:
    37
  407. What is the approximate percentage of the private fund beneficially owned by you and your related persons:
    5%
  408. (a) What is the approximate percentage of the private fund beneficially owned (in the aggregate) by funds of funds:
    2%
    Yes No
    (b) If the private fund qualifies for the exclusion from the definition of investment company under section 3(c)(1) of the Investment Company Act of 1940, are sales
    of the fund limited to qualified clients?
  409. What is the approximate percentage of the private fund beneficially owned by non-United States persons:
    86%
    Your Advisory Services
    Yes No
  410. (a) Are you a subadviser to this private fund?
    (b) If the answer to question 17.(a) is “yes,” provide the name and SEC file number, if any, of the adviser of the private fund. If the answer to question 17.(a) is “no,” leave this
    question blank.
    No Information Filed
    Yes No
  411. (a) Do any investment advisers (other than the investment advisers listed in Section 7.B.(1).A.3.(b)) advise the private fund?
    (b) If the answer to question 18.(a) is “yes,” provide the name and SEC file number, if any, of the other advisers to the private fund. If the answer to question 18.(a) is “no,”
    leave this question blank.
    No Information Filed
    Yes No
  412. Are your clients solicited to invest in the private fund?
    NOTE: For purposes of this question, do not consider feeder funds of the private fund.
  413. Approximately what percentage of your clients has invested in the private fund?
    100%
    Private Offering
    Yes No
  414. Has the private fund ever relied on an exemption from registration of its securities under Regulation D of the Securities Act of 1933?
  415. If yes, provide the private fund’s Form D file number (if any):
    No Information Filed
    B. SERVICE PROVIDERS
    Auditors
    Yes No
  416. (a) (1) Are the private fund’s financial statements subject to an annual audit?
    (2) If the answer to question 23.(a)(1) is “yes,” are the financial statements prepared in accordance with U.S. GAAP?
    If the answer to question 23.(a)(1) is “yes,” respond to questions (b) through (h) below. If the private fund uses more than one auditing firm, you must complete
    questions (b) through (f) separately for each auditing firm.
    Additional Auditor Information : 1 Record(s) Filed.
    If the answer to question 23.(a)(1) is “yes,” respond to questions (b) through (h) below. If the private fund uses more than one auditing firm, you must complete
    questions (b) through (f) separately for each auditing firm.
    (b) Name of the auditing firm:
    BDO
    (c) The location of the auditing firm’s office responsible for the private fund’s audit (city, state and country):
    City:
    BRISTOL
    State: Country:
    United Kingdom
    Yes No
    (d) Is the auditing firm an independent public accountant?
    (e) Is the auditing firm registered with the Public Company Accounting Oversight Board?
    If yes, Public Company Accounting Oversight Board-Assigned Number:
    (f) If “yes” to (e) above, is the auditing firm subject to regular inspection by the Public Company Accounting Oversight Board in accordance with its rules?
    Yes No
    (g) Are the private fund’s audited financial statements for the most recently completed fiscal year distributed to the private fund’s investors?
    (h) Do all of the reports prepared by the auditing firm for the private fund since your last annual updating amendment contain unqualified opinions?
    Yes No Report Not Yet Received
    If you check “Report Not Yet Received,” you must promptly file an amendment to your Form ADV to update your response when the report is available.
    Prime Broker
    Yes No
  417. (a) Does the private fund use one or more prime brokers?
    If the answer to question 24.(a) is “yes,” respond to questions (b) through (e) below for each prime broker the private fund uses. If the private fund uses more than one
    prime broker, you must complete questions (b) through (e) separately for each prime broker.
    No Information Filed
    Custodian
    Yes No
  418. (a) Does the private fund use any custodians (including the prime brokers listed above) to hold some or all of its assets?
    If the answer to question 25.(a) is “yes,” respond to questions (b) through (g) below for each custodian the private fund uses. If the private fund uses more than one
    custodian, you must complete questions (b) through (g) separately for each custodian.
    No Information Filed
    Administrator
    Yes No
  419. (a) Does the private fund use an administrator other than your firm?
    If the answer to question 26.(a) is “yes,” respond to questions (b) through (f) below. If the private fund uses more than one administrator, you must complete questions
    (b) through (f) separately for each administrator.
    Additional Administrator Information : 1 Record(s) Filed.
    If the answer to question 26.(a) is “yes,” respond to questions (b) through (f) below. If the private fund uses more than one administrator, you must complete
    questions (b) through (f) separately for each administrator.
    (b) Name of administrator:
    LANGHAM HALL
    (c) Location of administrator (city, state and country):
    City:
    LONDON
    State: Country:
    United Kingdom
    Yes No
    (d) Is the administrator a related person of your firm?
    (e) Does the administrator prepare and send investor account statements to the private fund’s investors?
    Yes (provided to all investors) Some (provided to some but not all investors) No (provided to no investors)
    (f) If the answer to question 26.(e) is “no” or “some,” who sends the investor account statements to the (rest of the) private fund’s investors? If investor account
    statements are not sent to the (rest of the) private fund’s investors, respond “not applicable.”
  420. During your last fiscal year, what percentage of the private fund’s assets (by value) was valued by a person, such as an administrator, that is not your related person?
    0%
    Include only those assets where (i) such person carried out the valuation procedure established for that asset, if any, including obtaining any relevant quotes, and (ii) the
    valuation used for purposes of investor subscriptions, redemptions or distributions, and fee calculations (including allocations) was the valuation determined by such
    person.
    Marketers
    Yes No
  421. (a) Does the private fund use the services of someone other than you or your employees for marketing purposes?
    You must answer “yes” whether the person acts as a placement agent, consultant, finder, introducer, municipal advisor or other solicitor, or similar person. If the answer
    to question 28.(a) is “yes,” respond to questions (b) through (g) below for each such marketer the private fund uses. If the private fund uses more than one marketer you
    must complete questions (b) through (g) separately for each marketer.
    No Information Filed
    A. PRIVATE FUND
    Information About the Private Fund
  422. (a) Name of the private fund:
    NOTION CAPITAL IV LP
    (b) Private fund identification number:
    (include the “805-” prefix also)
    805-2167470483
  423. Under the laws of what state or country is the private fund organized:
    State: Country:
    United Kingdom
  424. (a) Name(s) of General Partner, Manager, Trustee, or Directors (or persons serving in a similar capacity):
    Name of General Partner, Manager, Trustee, or Director
    NOTION CAPITAL MANAGERS LLP
    (b) If filing an umbrella registration, identify the filing adviser and/or relying adviser(s) that sponsor(s) or manage(s) this private fund.
    No Information Filed
  425. The private fund (check all that apply; you must check at least one):
    (1) qualifies for the exclusion from the definition of investment company under section 3(c)(1) of the Investment Company Act of 1940
    (2) qualifies for the exclusion from the definition of investment company under section 3(c)(7) of the Investment Company Act of 1940
  426. List the name and country, in English, of each foreign financial regulatory authority with which the private fund is registered.
    No Information Filed
    Yes No
  427. (a) Is this a “master fund” in a master-feeder arrangement?
    (b) If yes, what is the name and private fund identification number (if any) of the feeder funds investing in this private fund?
    No Information Filed
    Yes No
    (c) Is this a “feeder fund” in a master-feeder arrangement?
    (d) If yes, what is the name and private fund identification number (if any) of the master fund in which this private fund invests?
    Name of private fund:
    Private fund identification number:
    (include the “805-” prefix also)
    NOTE: You must complete question 6 for each master-feeder arrangement regardless of whether you are filing a single Schedule D, Section 7.B.(1) for the master-feeder
    arrangement or reporting on the funds separately.
  428. If you are filing a single Schedule D, Section 7.B.(1) for a master-feeder arrangement according to the instructions to this Section 7.B.(1), for each of the feeder funds answer
    the following questions:
    No Information Filed
    NOTE: For purposes of questions 6 and 7, in a master-feeder arrangement, one or more funds (“feeder funds”) invest all or substantially all of their assets in a single fund
    (“master fund”). A fund would also be a “feeder fund” investing in a “master fund” for purposes of this question if it issued multiple classes (or series) of shares or interests,
    and each class (or series) invests substantially all of its assets in a single master fund.
    Yes No
  429. (a) Is this private fund a “fund of funds”?
    NOTE: For purposes of this question only, answer “yes” if the fund invests 10 percent or more of its total assets in other pooled investment vehicles, regardless of whether
    they are also private funds or registered investment companies.
    (b) If yes, does the private fund invest in funds managed by you or by a related person?
    Yes No
  430. During your last fiscal year, did the private fund invest in securities issued by investment companies registered under the Investment Company Act of 1940 (other
    than “money market funds,” to the extent provided in Instruction 6.e.)?
  431. What type of fund is the private fund?
    hedge fund liquidity fund private equity fund real estate fund securitized asset fund venture capital fund Other private fund:
    NOTE: For definitions of these fund types, please see Instruction 6 of the Instructions to Part 1A.
  432. Current gross asset value of the private fund:
    $ 10,024,984
    Ownership
  433. Minimum investment commitment required of an investor in the private fund:
    $ 100,000
    NOTE: Report the amount routinely required of investors who are not your related persons (even if different from the amount set forth in the organizational documents of the
    fund).
  434. Approximate number of the private fund’s beneficial owners:
    24
  435. What is the approximate percentage of the private fund beneficially owned by you and your related persons:
    3%
  436. (a) What is the approximate percentage of the private fund beneficially owned (in the aggregate) by funds of funds:
    62%
    Yes No
    (b) If the private fund qualifies for the exclusion from the definition of investment company under section 3(c)(1) of the Investment Company Act of 1940, are sales
    of the fund limited to qualified clients?
  437. What is the approximate percentage of the private fund beneficially owned by non-United States persons:
    84%
    Your Advisory Services
    Yes No
  438. (a) Are you a subadviser to this private fund?
    (b) If the answer to question 17.(a) is “yes,” provide the name and SEC file number, if any, of the adviser of the private fund. If the answer to question 17.(a) is “no,” leave this
    question blank.
    No Information Filed
    Yes No
  439. (a) Do any investment advisers (other than the investment advisers listed in Section 7.B.(1).A.3.(b)) advise the private fund?
    (b) If the answer to question 18.(a) is “yes,” provide the name and SEC file number, if any, of the other advisers to the private fund. If the answer to question 18.(a) is “no,”
    leave this question blank.
    No Information Filed
    Yes No
  440. Are your clients solicited to invest in the private fund?
    NOTE: For purposes of this question, do not consider feeder funds of the private fund.
  441. Approximately what percentage of your clients has invested in the private fund?
    100%
    Private Offering
    Yes No
  442. Has the private fund ever relied on an exemption from registration of its securities under Regulation D of the Securities Act of 1933?
  443. If yes, provide the private fund’s Form D file number (if any):
    No Information Filed
    B. SERVICE PROVIDERS
    Auditors
    Yes No
  444. (a) (1) Are the private fund’s financial statements subject to an annual audit?
    (2) If the answer to question 23.(a)(1) is “yes,” are the financial statements prepared in accordance with U.S. GAAP?
    If the answer to question 23.(a)(1) is “yes,” respond to questions (b) through (h) below. If the private fund uses more than one auditing firm, you must complete
    questions (b) through (f) separately for each auditing firm.
    Additional Auditor Information : 1 Record(s) Filed.
    If the answer to question 23.(a)(1) is “yes,” respond to questions (b) through (h) below. If the private fund uses more than one auditing firm, you must complete
    questions (b) through (f) separately for each auditing firm.
    (b) Name of the auditing firm:
    BDO
    (c) The location of the auditing firm’s office responsible for the private fund’s audit (city, state and country):
    City:
    BRISTOL
    State: Country:
    United Kingdom
    Yes No
    (d) Is the auditing firm an independent public accountant?
    (e) Is the auditing firm registered with the Public Company Accounting Oversight Board?
    If yes, Public Company Accounting Oversight Board-Assigned Number:
    (f) If “yes” to (e) above, is the auditing firm subject to regular inspection by the Public Company Accounting Oversight Board in accordance with its rules?
    Yes No
    (g) Are the private fund’s audited financial statements for the most recently completed fiscal year distributed to the private fund’s investors?
    (h) Do all of the reports prepared by the auditing firm for the private fund since your last annual updating amendment contain unqualified opinions?
    Yes No Report Not Yet Received
    If you check “Report Not Yet Received,” you must promptly file an amendment to your Form ADV to update your response when the report is available.
    Prime Broker
    Yes No
    FORM ADV
    UNIFORM APPLICATION FOR INVESTMENT ADVISER REGISTRATION AND REPORT BY EXEMPT REPORTING ADVISERS
    Primary Business Name: NOTION CAPITAL CRD Number: 301084
    Annual Amendment – All Sections Rev. 03/2020
    4/23/2020 10:38:35 AM
    WARNING: Complete this form truthfully. False statements or omissions may result in denial of your application, revocation of your registration, or criminal prosecution. You must
    keep this form updated by filing periodic amendments. See Form ADV General Instruction 4.
    Item 1 Identifying Information
    Responses to this Item tell us who you are, where you are doing business, and how we can contact you. If you are filing an umbrella registration, the information in Item 1 should be
    provided for the filing adviser only. General Instruction 5 provides information to assist you with filing an umbrella registration.
    A. Your full legal name (if you are a sole proprietor, your last, first, and middle names):
    NOTION CAPITAL MANAGERS LLP
    B. (1) Name under which you primarily conduct your advisory business, if different from Item 1.A.
    NOTION CAPITAL
    List on Section 1.B. of Schedule D any additional names under which you conduct your advisory business.
    (2) If you are using this Form ADV to register more than one investment adviser under an umbrella registration, check this box
    If you check this box, complete a Schedule R for each relying adviser.
    C. If this filing is reporting a change in your legal name (Item 1.A.) or primary business name (Item 1.B.(1)), enter the new name and specify whether the name change is of
    your legal name or your primary business name:
    D. (1) If you are registered with the SEC as an investment adviser, your SEC file number:
    (2) If you report to the SEC as an exempt reporting adviser, your SEC file number: 802-117151
    (3) If you have one or more Central Index Key numbers assigned by the SEC (“CIK Numbers”), all of your CIK numbers:
    No Information Filed
    E. (1) If you have a number (“CRD Number”) assigned by the FINRA’s CRD system or by the IARD system, your CRD number: 301084
    If your firm does not have a CRD number, skip this Item 1.E. Do not provide the CRD number of one of your officers, employees, or affiliates.
    (2) If you have additional CRD Numbers, your additional CRD numbers:
    No Information Filed
    F. Principal Office and Place of Business
    (1) Address (do not use a P.O. Box):
    Number and Street 1:
    91 WIMPOLE STREET
    Number and Street 2:
    City:
    LONDON
    State: Country:
    United Kingdom
    ZIP+4/Postal Code:
    W1G 0EF
    If this address is a private residence, check this box:
    List on Section 1.F. of Schedule D any office, other than your principal office and place of business, at which you conduct investment advisory business. If you are applying for
    registration, or are registered, with one or more state securities authorities, you must list all of your offices in the state or states to which you are applying for registration or with
    whom you are registered. If you are applying for SEC registration, if you are registered only with the SEC, or if you are reporting to the SEC as an exempt reporting adviser, list
    the largest twenty-five offices in terms of numbers of employees as of the end of your most recently completed fiscal year.
    (2) Days of week that you normally conduct business at your principal office and place of business:
    Monday – Friday Other:
    Normal business hours at this location:
    09:00 – 17:30
    (3) Telephone number at this location:
    +447919881986
    (4) Facsimile number at this location, if any:
    (5) What is the total number of offices, other than your principal office and place of business, at which you conduct investment advisory business as of the end of your most
    recently completed fiscal year?
    0
    G. Mailing address, if different from your principal office and place of business address:
    Number and Street 1: Number and Street 2:
    City: State: Country: ZIP+4/Postal Code:
    If this address is a private residence, check this box:
    H. If you are a sole proprietor, state your full residence address, if different from your principal office and place of business address in Item 1.F.:
    Number and Street 1: Number and Street 2:
    City: State: Country: ZIP+4/Postal Code:
    Yes No
    I. Do you have one or more websites or accounts on publicly available social media platforms (including, but not limited to, Twitter, Facebook and LinkedIn)?
    If “yes,” list all firm website addresses and the address for each of the firm’s accounts on publicly available social media platforms on Section 1.I. of Schedule D. If a website
    address serves as a portal through which to access other information you have published on the web, you may list the portal without listing addresses for all of the other
    information. You may need to list more than one portal address. Do not provide the addresses of websites or accounts on publicly available social media platforms where you do
    not control the content. Do not provide the individual electronic mail (e-mail) addresses of employees or the addresses of employee accounts on publicly available social media
    platforms.
    J. Chief Compliance Officer
    (1) Provide the name and contact information of your Chief Compliance Officer. If you are an exempt reporting adviser, you must provide the contact information for your Chief
    Compliance Officer, if you have one. If not, you must complete Item 1.K. below.
    Name: Other titles, if any:
    Telephone number: Facsimile number, if any:
    Number and Street 1: Number and Street 2:
    City: State: Country: ZIP+4/Postal Code:
    Electronic mail (e-mail) address, if Chief Compliance Officer has one:
    (2) If your Chief Compliance Officer is compensated or employed by any person other than you, a related person or an investment company registered under the Investment
    Company Act of 1940 that you advise for providing chief compliance officer services to you, provide the person’s name and IRS Employer Identification Number (if any):
    Name:
    IRS Employer Identification Number:
    K. Additional Regulatory Contact Person: If a person other than the Chief Compliance Officer is authorized to receive information and respond to questions about this Form ADV, you
    may provide that information here.
    Name: Titles:
    Telephone number: Facsimile number, if any:
    Number and Street 1: Number and Street 2:
    City: State: Country: ZIP+4/Postal Code:
    Electronic mail (e-mail) address, if contact person has one:
    Yes No
    L. Do you maintain some or all of the books and records you are required to keep under Section 204 of the Advisers Act, or similar state law, somewhere other than your
    principal office and place of business?
    If “yes,” complete Section 1.L. of Schedule D.
    Yes No
    M. Are you registered with a foreign financial regulatory authority?
    Answer “no” if you are not registered with a foreign financial regulatory authority, even if you have an affiliate that is registered with a foreign financial regulatory authority. If “yes,”
    complete Section 1.M. of Schedule D.
    Yes No
    N. Are you a public reporting company under Sections 12 or 15(d) of the Securities Exchange Act of 1934?
    Yes No
    O. Did you have $1 billion or more in assets on the last day of your most recent fiscal year?
    If yes, what is the approximate amount of your assets:
    $1 billion to less than $10 billion
    $10 billion to less than $50 billion
    $50 billion or more
    For purposes of Item 1.O. only, “assets” refers to your total assets, rather than the assets you manage on behalf of clients. Determine your total assets using the total assets shown
    on the balance sheet for your most recent fiscal year end.
    P. Provide your Legal Entity Identifier if you have one:
    A legal entity identifier is a unique number that companies use to identify each other in the financial marketplace. You may not have a legal entity identifier.
    SECTION 1.B. Other Business Names
    No Information Filed
    SECTION 1.F. Other Offices
    No Information Filed
    SECTION 1.I. Website Addresses
    List your website addresses, including addresses for accounts on publicly available social media platforms where you control the content (including, but not limited to, Twitter,
    Facebook and/or LinkedIn). You must complete a separate Schedule D Section 1.I. for each website or account on a publicly available social media platform.
    Address of Website/Account on Publicly Available Social Media Platform: https://notion.vc/
    SECTION 1.L. Location of Books and Records
    No Information Filed
    SECTION 1.M. Registration with Foreign Financial Regulatory Authorities
    List the name and country, in English, of each foreign financial regulatory authority with which you are registered. You must complete a separate Schedule D Section 1.M. for each
    foreign financial regulatory authority with whom you are registered.
    Name of Country/Foreign Financial Regulatory Authority:
    United Kingdom – Financial Conduct Authority
    Other:
    Item 2 SEC Registration/Reporting
    SEC Reporting by Exempt Reporting Advisers
    B. Complete this Item 2.B. only if you are reporting to the SEC as an exempt reporting adviser. Check all that apply. You:
    (1) qualify for the exemption from registration as an adviser solely to one or more venture capital funds, as defined in rule 203(l)-1;
    (2) qualify for the exemption from registration because you act solely as an adviser to private funds and have assets under management, as defined in rule 203(m)-1, in the
    United States of less than $150 million;
    (3) act solely as an adviser to private funds but you are no longer eligible to check box 2.B.(2) because you have assets under management, as defined in rule 203(m)-1, in
    the United States of $150 million or more.
    If you check box (2) or (3), complete Section 2.B. of Schedule D.
    SECTION 2.B. Private Fund Assets
    If you check Item 2.B.(2) or (3), what is the amount of the private fund assets that you manage? $ 321002333
    NOTE: “Private fund assets” has the same meaning here as it has under rule 203(m)-1. If you are an investment adviser with its principal office and place of business outside the
    United States only include private fund assets that you manage at a place of business in the United States.
    Item 3 Form of Organization
    If you are filing an umbrella registration, the information in Item 3 should be provided for the filing adviser only.
    A. How are you organized?
    Corporation
    Sole Proprietorship
    Limited Liability Partnership (LLP)
    Partnership
    Limited Liability Company (LLC)
    Limited Partnership (LP)
    Other (specify):
    If you are changing your response to this Item, see Part 1A Instruction 4.
    B. In what month does your fiscal year end each year?
    MARCH
    C. Under the laws of what state or country are you organized?
    State Country
    United Kingdom
    If you are a partnership, provide the name of the state or country under whose laws your partnership was formed. If you are a sole proprietor, provide the name of the state or
    country where you reside.
    If you are changing your response to this Item, see Part 1A Instruction 4.
    Item 6 Other Business Activities
    In this Item, we request information about your firm’s other business activities.
    A. You are actively engaged in business as a (check all that apply):
    (1) broker-dealer (registered or unregistered)
    (2) registered representative of a broker-dealer
    (3) commodity pool operator or commodity trading advisor (whether registered or exempt from registration)
    (4) futures commission merchant
    (5) real estate broker, dealer, or agent
    (6) insurance broker or agent
    (7) bank (including a separately identifiable department or division of a bank)
    (8) trust company
    (9) registered municipal advisor
    (10) registered security-based swap dealer
    (11) major security-based swap participant
    (12) accountant or accounting firm
    (13) lawyer or law firm
    (14) other financial product salesperson (specify):
    If you engage in other business using a name that is different from the names reported in Items 1.A. or 1.B.(1), complete Section 6.A. of Schedule D.
    Yes No
    B. (1) Are you actively engaged in any other business not listed in Item 6.A. (other than giving investment advice)?
    (2) If yes, is this other business your primary business?
    If “yes,” describe this other business on Section 6.B.(2) of Schedule D, and if you engage in this business under a different name, provide that name.
    Yes No
    (3) Do you sell products or provide services other than investment advice to your advisory clients?
    If “yes,” describe this other business on Section 6.B.(3) of Schedule D, and if you engage in this business under a different name, provide that name.
    SECTION 6.A. Names of Your Other Businesses
    No Information Filed
    SECTION 6.B.(2) Description of Primary Business
    Describe your primary business (not your investment advisory business):
    If you engage in that business under a different name, provide that name:
    SECTION 6.B.(3) Description of Other Products and Services
    Describe other products or services you sell to your client. You may omit products and services that you listed in Section 6.B.(2) above.
    If you engage in that business under a different name, provide that name:
    Item 7 Financial Industry Affiliations
    In this Item, we request information about your financial industry affiliations and activities. This information identifies areas in which conflicts of interest may occur between you and
    your clients.
    A. This part of Item 7 requires you to provide information about you and your related persons, including foreign affiliates. Your related persons are all of your advisory affiliates and any
    person that is under common control with you.
    You have a related person that is a (check all that apply):
    (1) broker-dealer, municipal securities dealer, or government securities broker or dealer (registered or unregistered)
    (2) other investment adviser (including financial planners)
    (3) registered municipal advisor
    (4) registered security-based swap dealer
    (5) major security-based swap participant
    (6) commodity pool operator or commodity trading advisor (whether registered or exempt from registration)
    (7) futures commission merchant
    (8) banking or thrift institution
    (9) trust company
    (10) accountant or accounting firm
    (11) lawyer or law firm
    (12) insurance company or agency
    (13) pension consultant
    (14) real estate broker or dealer
    (15) sponsor or syndicator of limited partnerships (or equivalent), excluding pooled investment vehicles
    (16) sponsor, general partner, managing member (or equivalent) of pooled investment vehicles
    Note that Item 7.A. should not be used to disclose that some of your employees perform investment advisory functions or are registered representatives of a broker-dealer. The
    number of your firm’s employees who perform investment advisory functions should be disclosed under Item 5.B.(1). The number of your firm’s employees who are registered
    representatives of a broker-dealer should be disclosed under Item 5.B.(2).
    Note that if you are filing an umbrella registration, you should not check Item 7.A.(2) with respect to your relying advisers, and you do not have to complete Section 7.A. in
    Schedule D for your relying advisers. You should complete a Schedule R for each relying adviser.
    For each related person, including foreign affiliates that may not be registered or required to be registered in the United States, complete Section 7.A. of Schedule D.
    You do not need to complete Section 7.A. of Schedule D for any related person if: (1) you have no business dealings with the related person in connection with advisory services
    you provide to your clients; (2) you do not conduct shared operations with the related person; (3) you do not refer clients or business to the related person, and the related person
    does not refer prospective clients or business to you; (4) you do not share supervised persons or premises with the related person; and (5) you have no reason to believe that
    your relationship with the related person otherwise creates a conflict of interest with your clients.
    You must complete Section 7.A. of Schedule D for each related person acting as qualified custodian in connection with advisory services you provide to your clients (other than
    any mutual fund transfer agent pursuant to rule 206(4)-2(b)(1)), regardless of whether you have determined the related person to be operationally independent under rule
    206(4)-2 of the Advisers Act.
    SECTION 7.A. Financial Industry Affiliations
    No Information Filed
    Item 7 Private Fund Reporting
    Yes No
    B. Are you an adviser to any private fund?
    If “yes,” then for each private fund that you advise, you must complete a Section 7.B.(1) of Schedule D, except in certain circumstances described in the next sentence and in
    Instruction 6 of the Instructions to Part 1A. If you are registered or applying for registration with the SEC or reporting as an SEC exempt reporting adviser, and another SEC-registered
    adviser or SEC exempt reporting adviser reports this information with respect to any such private fund in Section 7.B.(1) of Schedule D of its Form ADV (e.g., if you are a subadviser),
    do not complete Section 7.B.(1) of Schedule D with respect to that private fund. You must, instead, complete Section 7.B.(2) of Schedule D.
    In either case, if you seek to preserve the anonymity of a private fund client by maintaining its identity in your books and records in numerical or alphabetical code, or similar
    designation, pursuant to rule 204-2(d), you may identify the private fund in Section 7.B.(1) or 7.B.(2) of Schedule D using the same code or designation in place of the fund’s name.
    SECTION 7.B.(1) Private Fund Reporting
    A. PRIVATE FUND
    Information About the Private Fund
  445. (a) Name of the private fund:
    NOTION CAPITAL 2 LP
    (b) Private fund identification number:
    (include the “805-” prefix also)
    805-6271914669
  446. Under the laws of what state or country is the private fund organized:
    State: Country:
    United Kingdom
  447. (a) Name(s) of General Partner, Manager, Trustee, or Directors (or persons serving in a similar capacity):
    Name of General Partner, Manager, Trustee, or Director
    NOTION CAPITAL MANAGERS LLP
    (b) If filing an umbrella registration, identify the filing adviser and/or relying adviser(s) that sponsor(s) or manage(s) this private fund.
    No Information Filed
  448. The private fund (check all that apply; you must check at least one):
    (1) qualifies for the exclusion from the definition of investment company under section 3(c)(1) of the Investment Company Act of 1940
    (2) qualifies for the exclusion from the definition of investment company under section 3(c)(7) of the Investment Company Act of 1940
  449. List the name and country, in English, of each foreign financial regulatory authority with which the private fund is registered.
    No Information Filed
    Yes No
  450. (a) Is this a “master fund” in a master-feeder arrangement?
    (b) If yes, what is the name and private fund identification number (if any) of the feeder funds investing in this private fund?
    No Information Filed
    Yes No
    (c) Is this a “feeder fund” in a master-feeder arrangement?
    (d) If yes, what is the name and private fund identification number (if any) of the master fund in which this private fund invests?
    Name of private fund:
    Private fund identification number:
    (include the “805-” prefix also)
    NOTE: You must complete question 6 for each master-feeder arrangement regardless of whether you are filing a single Schedule D, Section 7.B.(1) for the master-feeder
    arrangement or reporting on the funds separately.
  451. If you are filing a single Schedule D, Section 7.B.(1) for a master-feeder arrangement according to the instructions to this Section 7.B.(1), for each of the feeder funds answer
    the following questions:
    No Information Filed
    NOTE: For purposes of questions 6 and 7, in a master-feeder arrangement, one or more funds (“feeder funds”) invest all or substantially all of their assets in a single fund
    (“master fund”). A fund would also be a “feeder fund” investing in a “master fund” for purposes of this question if it issued multiple classes (or series) of shares or interests,
    and each class (or series) invests substantially all of its assets in a single master fund.
    Yes No
  452. (a) Is this private fund a “fund of funds”?
    NOTE: For purposes of this question only, answer “yes” if the fund invests 10 percent or more of its total assets in other pooled investment vehicles, regardless of whether
    they are also private funds or registered investment companies.
    (b) If yes, does the private fund invest in funds managed by you or by a related person?
    Yes No
  453. During your last fiscal year, did the private fund invest in securities issued by investment companies registered under the Investment Company Act of 1940 (other
    than “money market funds,” to the extent provided in Instruction 6.e.)?
  454. What type of fund is the private fund?
    hedge fund liquidity fund private equity fund real estate fund securitized asset fund venture capital fund Other private fund:
    NOTE: For definitions of these fund types, please see Instruction 6 of the Instructions to Part 1A.
  455. Current gross asset value of the private fund:
    $ 79,829,349
    Ownership
  456. Minimum investment commitment required of an investor in the private fund:
    $ 1
    NOTE: Report the amount routinely required of investors who are not your related persons (even if different from the amount set forth in the organizational documents of the
    fund).
  457. Approximate number of the private fund’s beneficial owners:
    45
  458. What is the approximate percentage of the private fund beneficially owned by you and your related persons:
    6%
  459. (a) What is the approximate percentage of the private fund beneficially owned (in the aggregate) by funds of funds:
    77%
    Yes No
    (b) If the private fund qualifies for the exclusion from the definition of investment company under section 3(c)(1) of the Investment Company Act of 1940, are sales
    of the fund limited to qualified clients?
  460. What is the approximate percentage of the private fund beneficially owned by non-United States persons:
    100%
    Your Advisory Services
    Yes No
  461. (a) Are you a subadviser to this private fund?
    (b) If the answer to question 17.(a) is “yes,” provide the name and SEC file number, if any, of the adviser of the private fund. If the answer to question 17.(a) is “no,” leave this
    question blank.
    No Information Filed
    Yes No
  462. (a) Do any investment advisers (other than the investment advisers listed in Section 7.B.(1).A.3.(b)) advise the private fund?
    (b) If the answer to question 18.(a) is “yes,” provide the name and SEC file number, if any, of the other advisers to the private fund. If the answer to question 18.(a) is “no,”
    leave this question blank.
    No Information Filed
    Yes No
  463. Are your clients solicited to invest in the private fund?
    NOTE: For purposes of this question, do not consider feeder funds of the private fund.
  464. Approximately what percentage of your clients has invested in the private fund?
    100%
    Private Offering
    Yes No
  465. Has the private fund ever relied on an exemption from registration of its securities under Regulation D of the Securities Act of 1933?
  466. If yes, provide the private fund’s Form D file number (if any):
    No Information Filed
    B. SERVICE PROVIDERS
    Auditors
    Yes No
  467. (a) (1) Are the private fund’s financial statements subject to an annual audit?
    (2) If the answer to question 23.(a)(1) is “yes,” are the financial statements prepared in accordance with U.S. GAAP?
    If the answer to question 23.(a)(1) is “yes,” respond to questions (b) through (h) below. If the private fund uses more than one auditing firm, you must complete
    questions (b) through (f) separately for each auditing firm.
    Additional Auditor Information : 1 Record(s) Filed.
    If the answer to question 23.(a)(1) is “yes,” respond to questions (b) through (h) below. If the private fund uses more than one auditing firm, you must complete
    questions (b) through (f) separately for each auditing firm.
    (b) Name of the auditing firm:
    BDO
    (c) The location of the auditing firm’s office responsible for the private fund’s audit (city, state and country):
    City:
    BRISTOL
    State: Country:
    United Kingdom
    Yes No
    (d) Is the auditing firm an independent public accountant?
    (e) Is the auditing firm registered with the Public Company Accounting Oversight Board?
    If yes, Public Company Accounting Oversight Board-Assigned Number:
    (f) If “yes” to (e) above, is the auditing firm subject to regular inspection by the Public Company Accounting Oversight Board in accordance with its rules?
    Yes No
    (g) Are the private fund’s audited financial statements for the most recently completed fiscal year distributed to the private fund’s investors?
    (h) Do all of the reports prepared by the auditing firm for the private fund since your last annual updating amendment contain unqualified opinions?
    Yes No Report Not Yet Received
    If you check “Report Not Yet Received,” you must promptly file an amendment to your Form ADV to update your response when the report is available.
    Prime Broker
    Yes No
  468. (a) Does the private fund use one or more prime brokers?
    If the answer to question 24.(a) is “yes,” respond to questions (b) through (e) below for each prime broker the private fund uses. If the private fund uses more than one
    prime broker, you must complete questions (b) through (e) separately for each prime broker.
    No Information Filed
    Custodian
    Yes No
  469. (a) Does the private fund use any custodians (including the prime brokers listed above) to hold some or all of its assets?
    If the answer to question 25.(a) is “yes,” respond to questions (b) through (g) below for each custodian the private fund uses. If the private fund uses more than one
    custodian, you must complete questions (b) through (g) separately for each custodian.
    No Information Filed
    Administrator
    Yes No
  470. (a) Does the private fund use an administrator other than your firm?
    If the answer to question 26.(a) is “yes,” respond to questions (b) through (f) below. If the private fund uses more than one administrator, you must complete questions
    (b) through (f) separately for each administrator.
    Additional Administrator Information : 1 Record(s) Filed.
    If the answer to question 26.(a) is “yes,” respond to questions (b) through (f) below. If the private fund uses more than one administrator, you must complete
    questions (b) through (f) separately for each administrator.
    (b) Name of administrator:
    LANGHAM HALL
    (c) Location of administrator (city, state and country):
    City:
    LONDON
    State: Country:
    United Kingdom
    Yes No
    (d) Is the administrator a related person of your firm?
    (e) Does the administrator prepare and send investor account statements to the private fund’s investors?
    Yes (provided to all investors) Some (provided to some but not all investors) No (provided to no investors)
    (f) If the answer to question 26.(e) is “no” or “some,” who sends the investor account statements to the (rest of the) private fund’s investors? If investor account
    statements are not sent to the (rest of the) private fund’s investors, respond “not applicable.”
  471. During your last fiscal year, what percentage of the private fund’s assets (by value) was valued by a person, such as an administrator, that is not your related person?
    0%
    Include only those assets where (i) such person carried out the valuation procedure established for that asset, if any, including obtaining any relevant quotes, and (ii) the
    valuation used for purposes of investor subscriptions, redemptions or distributions, and fee calculations (including allocations) was the valuation determined by such
    person.
    Marketers
    Yes No
  472. (a) Does the private fund use the services of someone other than you or your employees for marketing purposes?
    You must answer “yes” whether the person acts as a placement agent, consultant, finder, introducer, municipal advisor or other solicitor, or similar person. If the answer
    to question 28.(a) is “yes,” respond to questions (b) through (g) below for each such marketer the private fund uses. If the private fund uses more than one marketer you
    must complete questions (b) through (g) separately for each marketer.
    No Information Filed
    A. PRIVATE FUND
    Information About the Private Fund
  473. (a) Name of the private fund:
    NOTION CAPITAL III LP
    (b) Private fund identification number:
    (include the “805-” prefix also)
    805-7804679333
  474. Under the laws of what state or country is the private fund organized:
    State: Country:
    United Kingdom
  475. (a) Name(s) of General Partner, Manager, Trustee, or Directors (or persons serving in a similar capacity):
    Name of General Partner, Manager, Trustee, or Director
    NOTION CAPITAL MANAGERS LLP
    (b) If filing an umbrella registration, identify the filing adviser and/or relying adviser(s) that sponsor(s) or manage(s) this private fund.
    No Information Filed
  476. The private fund (check all that apply; you must check at least one):
    (1) qualifies for the exclusion from the definition of investment company under section 3(c)(1) of the Investment Company Act of 1940
    (2) qualifies for the exclusion from the definition of investment company under section 3(c)(7) of the Investment Company Act of 1940
  477. List the name and country, in English, of each foreign financial regulatory authority with which the private fund is registered.
    No Information Filed
    Yes No
  478. (a) Is this a “master fund” in a master-feeder arrangement?
    (b) If yes, what is the name and private fund identification number (if any) of the feeder funds investing in this private fund?
    No Information Filed
    Yes No
    (c) Is this a “feeder fund” in a master-feeder arrangement?
    (d) If yes, what is the name and private fund identification number (if any) of the master fund in which this private fund invests?
    Name of private fund:
    Private fund identification number:
    (include the “805-” prefix also)
    NOTE: You must complete question 6 for each master-feeder arrangement regardless of whether you are filing a single Schedule D, Section 7.B.(1) for the master-feeder
    arrangement or reporting on the funds separately.
  479. If you are filing a single Schedule D, Section 7.B.(1) for a master-feeder arrangement according to the instructions to this Section 7.B.(1), for each of the feeder funds answer
    the following questions:
    No Information Filed
    NOTE: For purposes of questions 6 and 7, in a master-feeder arrangement, one or more funds (“feeder funds”) invest all or substantially all of their assets in a single fund
    (“master fund”). A fund would also be a “feeder fund” investing in a “master fund” for purposes of this question if it issued multiple classes (or series) of shares or interests,
    and each class (or series) invests substantially all of its assets in a single master fund.
    Yes No
  480. (a) Is this private fund a “fund of funds”?
    NOTE: For purposes of this question only, answer “yes” if the fund invests 10 percent or more of its total assets in other pooled investment vehicles, regardless of whether
    they are also private funds or registered investment companies.
    (b) If yes, does the private fund invest in funds managed by you or by a related person?
    Yes No
  481. During your last fiscal year, did the private fund invest in securities issued by investment companies registered under the Investment Company Act of 1940 (other
    than “money market funds,” to the extent provided in Instruction 6.e.)?
  482. What type of fund is the private fund?
    hedge fund liquidity fund private equity fund real estate fund securitized asset fund venture capital fund Other private fund:
    NOTE: For definitions of these fund types, please see Instruction 6 of the Instructions to Part 1A.
  483. Current gross asset value of the private fund:
    $ 139,161,309
    Ownership
  484. Minimum investment commitment required of an investor in the private fund:
    $ 1
    NOTE: Report the amount routinely required of investors who are not your related persons (even if different from the amount set forth in the organizational documents of the
    fund).
  485. Approximate number of the private fund’s beneficial owners:
    37
  486. What is the approximate percentage of the private fund beneficially owned by you and your related persons:
    5%
  487. (a) What is the approximate percentage of the private fund beneficially owned (in the aggregate) by funds of funds:
    2%
    Yes No
    (b) If the private fund qualifies for the exclusion from the definition of investment company under section 3(c)(1) of the Investment Company Act of 1940, are sales
    of the fund limited to qualified clients?
  488. What is the approximate percentage of the private fund beneficially owned by non-United States persons:
    86%
    Your Advisory Services
    Yes No
  489. (a) Are you a subadviser to this private fund?
    (b) If the answer to question 17.(a) is “yes,” provide the name and SEC file number, if any, of the adviser of the private fund. If the answer to question 17.(a) is “no,” leave this
    question blank.
    No Information Filed
    Yes No
  490. (a) Do any investment advisers (other than the investment advisers listed in Section 7.B.(1).A.3.(b)) advise the private fund?
    (b) If the answer to question 18.(a) is “yes,” provide the name and SEC file number, if any, of the other advisers to the private fund. If the answer to question 18.(a) is “no,”
    leave this question blank.
    No Information Filed
    Yes No
  491. Are your clients solicited to invest in the private fund?
    NOTE: For purposes of this question, do not consider feeder funds of the private fund.
  492. Approximately what percentage of your clients has invested in the private fund?
    100%
    Private Offering
    Yes No
  493. Has the private fund ever relied on an exemption from registration of its securities under Regulation D of the Securities Act of 1933?
  494. If yes, provide the private fund’s Form D file number (if any):
    No Information Filed
    B. SERVICE PROVIDERS
    Auditors
    Yes No
  495. (a) (1) Are the private fund’s financial statements subject to an annual audit?
    (2) If the answer to question 23.(a)(1) is “yes,” are the financial statements prepared in accordance with U.S. GAAP?
    If the answer to question 23.(a)(1) is “yes,” respond to questions (b) through (h) below. If the private fund uses more than one auditing firm, you must complete
    questions (b) through (f) separately for each auditing firm.
    Additional Auditor Information : 1 Record(s) Filed.
    If the answer to question 23.(a)(1) is “yes,” respond to questions (b) through (h) below. If the private fund uses more than one auditing firm, you must complete
    questions (b) through (f) separately for each auditing firm.
    (b) Name of the auditing firm:
    BDO
    (c) The location of the auditing firm’s office responsible for the private fund’s audit (city, state and country):
    City:
    BRISTOL
    State: Country:
    United Kingdom
    Yes No
    (d) Is the auditing firm an independent public accountant?
    (e) Is the auditing firm registered with the Public Company Accounting Oversight Board?
    If yes, Public Company Accounting Oversight Board-Assigned Number:
    (f) If “yes” to (e) above, is the auditing firm subject to regular inspection by the Public Company Accounting Oversight Board in accordance with its rules?
    Yes No
    (g) Are the private fund’s audited financial statements for the most recently completed fiscal year distributed to the private fund’s investors?
    (h) Do all of the reports prepared by the auditing firm for the private fund since your last annual updating amendment contain unqualified opinions?
    Yes No Report Not Yet Received
    If you check “Report Not Yet Received,” you must promptly file an amendment to your Form ADV to update your response when the report is available.
    Prime Broker
    Yes No
  496. (a) Does the private fund use one or more prime brokers?
    If the answer to question 24.(a) is “yes,” respond to questions (b) through (e) below for each prime broker the private fund uses. If the private fund uses more than one
    prime broker, you must complete questions (b) through (e) separately for each prime broker.
    No Information Filed
    Custodian
    Yes No
  497. (a) Does the private fund use any custodians (including the prime brokers listed above) to hold some or all of its assets?
    If the answer to question 25.(a) is “yes,” respond to questions (b) through (g) below for each custodian the private fund uses. If the private fund uses more than one
    custodian, you must complete questions (b) through (g) separately for each custodian.
    No Information Filed
    Administrator
    Yes No
  498. (a) Does the private fund use an administrator other than your firm?
    If the answer to question 26.(a) is “yes,” respond to questions (b) through (f) below. If the private fund uses more than one administrator, you must complete questions
    (b) through (f) separately for each administrator.
    Additional Administrator Information : 1 Record(s) Filed.
    If the answer to question 26.(a) is “yes,” respond to questions (b) through (f) below. If the private fund uses more than one administrator, you must complete
    questions (b) through (f) separately for each administrator.
    (b) Name of administrator:
    LANGHAM HALL
    (c) Location of administrator (city, state and country):
    City:
    LONDON
    State: Country:
    United Kingdom
    Yes No
    (d) Is the administrator a related person of your firm?
    (e) Does the administrator prepare and send investor account statements to the private fund’s investors?
    Yes (provided to all investors) Some (provided to some but not all investors) No (provided to no investors)
    (f) If the answer to question 26.(e) is “no” or “some,” who sends the investor account statements to the (rest of the) private fund’s investors? If investor account
    statements are not sent to the (rest of the) private fund’s investors, respond “not applicable.”
  499. During your last fiscal year, what percentage of the private fund’s assets (by value) was valued by a person, such as an administrator, that is not your related person?
    0%
    Include only those assets where (i) such person carried out the valuation procedure established for that asset, if any, including obtaining any relevant quotes, and (ii) the
    valuation used for purposes of investor subscriptions, redemptions or distributions, and fee calculations (including allocations) was the valuation determined by such
    person.
    Marketers
    Yes No
  500. (a) Does the private fund use the services of someone other than you or your employees for marketing purposes?
    You must answer “yes” whether the person acts as a placement agent, consultant, finder, introducer, municipal advisor or other solicitor, or similar person. If the answer
    to question 28.(a) is “yes,” respond to questions (b) through (g) below for each such marketer the private fund uses. If the private fund uses more than one marketer you
    must complete questions (b) through (g) separately for each marketer.
    No Information Filed
    A. PRIVATE FUND
    Information About the Private Fund
  501. (a) Name of the private fund:
    NOTION CAPITAL IV LP
    (b) Private fund identification number:
    (include the “805-” prefix also)
    805-2167470483
  502. Under the laws of what state or country is the private fund organized:
    State: Country:
    United Kingdom
  503. (a) Name(s) of General Partner, Manager, Trustee, or Directors (or persons serving in a similar capacity):
    Name of General Partner, Manager, Trustee, or Director
    NOTION CAPITAL MANAGERS LLP
    (b) If filing an umbrella registration, identify the filing adviser and/or relying adviser(s) that sponsor(s) or manage(s) this private fund.
    No Information Filed
  504. The private fund (check all that apply; you must check at least one):
    (1) qualifies for the exclusion from the definition of investment company under section 3(c)(1) of the Investment Company Act of 1940
    (2) qualifies for the exclusion from the definition of investment company under section 3(c)(7) of the Investment Company Act of 1940
  505. List the name and country, in English, of each foreign financial regulatory authority with which the private fund is registered.
    No Information Filed
    Yes No
  506. (a) Is this a “master fund” in a master-feeder arrangement?
    (b) If yes, what is the name and private fund identification number (if any) of the feeder funds investing in this private fund?
    No Information Filed
    Yes No
    (c) Is this a “feeder fund” in a master-feeder arrangement?
    (d) If yes, what is the name and private fund identification number (if any) of the master fund in which this private fund invests?
    Name of private fund:
    Private fund identification number:
    (include the “805-” prefix also)
    NOTE: You must complete question 6 for each master-feeder arrangement regardless of whether you are filing a single Schedule D, Section 7.B.(1) for the master-feeder
    arrangement or reporting on the funds separately.
  507. If you are filing a single Schedule D, Section 7.B.(1) for a master-feeder arrangement according to the instructions to this Section 7.B.(1), for each of the feeder funds answer
    the following questions:
    No Information Filed
    NOTE: For purposes of questions 6 and 7, in a master-feeder arrangement, one or more funds (“feeder funds”) invest all or substantially all of their assets in a single fund
    (“master fund”). A fund would also be a “feeder fund” investing in a “master fund” for purposes of this question if it issued multiple classes (or series) of shares or interests,
    and each class (or series) invests substantially all of its assets in a single master fund.
    Yes No
  508. (a) Is this private fund a “fund of funds”?
    NOTE: For purposes of this question only, answer “yes” if the fund invests 10 percent or more of its total assets in other pooled investment vehicles, regardless of whether
    they are also private funds or registered investment companies.
    (b) If yes, does the private fund invest in funds managed by you or by a related person?
    Yes No
  509. During your last fiscal year, did the private fund invest in securities issued by investment companies registered under the Investment Company Act of 1940 (other
    than “money market funds,” to the extent provided in Instruction 6.e.)?
  510. What type of fund is the private fund?
    hedge fund liquidity fund private equity fund real estate fund securitized asset fund venture capital fund Other private fund:
    NOTE: For definitions of these fund types, please see Instruction 6 of the Instructions to Part 1A.
  511. Current gross asset value of the private fund:
    $ 10,024,984
    Ownership
  512. Minimum investment commitment required of an investor in the private fund:
    $ 100,000
    NOTE: Report the amount routinely required of investors who are not your related persons (even if different from the amount set forth in the organizational documents of the
    fund).
  513. Approximate number of the private fund’s beneficial owners:
    24
  514. What is the approximate percentage of the private fund beneficially owned by you and your related persons:
    3%
  515. (a) What is the approximate percentage of the private fund beneficially owned (in the aggregate) by funds of funds:
    62%
    Yes No
    (b) If the private fund qualifies for the exclusion from the definition of investment company under section 3(c)(1) of the Investment Company Act of 1940, are sales
    of the fund limited to qualified clients?
  516. What is the approximate percentage of the private fund beneficially owned by non-United States persons:
    84%
    Your Advisory Services
    Yes No
  517. (a) Are you a subadviser to this private fund?
    (b) If the answer to question 17.(a) is “yes,” provide the name and SEC file number, if any, of the adviser of the private fund. If the answer to question 17.(a) is “no,” leave this
    question blank.
    No Information Filed
    Yes No
  518. (a) Do any investment advisers (other than the investment advisers listed in Section 7.B.(1).A.3.(b)) advise the private fund?
    (b) If the answer to question 18.(a) is “yes,” provide the name and SEC file number, if any, of the other advisers to the private fund. If the answer to question 18.(a) is “no,”
    leave this question blank.
    No Information Filed
    Yes No
  519. Are your clients solicited to invest in the private fund?
    NOTE: For purposes of this question, do not consider feeder funds of the private fund.
  520. Approximately what percentage of your clients has invested in the private fund?
    100%
    Private Offering
    Yes No
  521. Has the private fund ever relied on an exemption from registration of its securities under Regulation D of the Securities Act of 1933?
  522. If yes, provide the private fund’s Form D file number (if any):
    No Information Filed
    B. SERVICE PROVIDERS
    Auditors
    Yes No
  523. (a) (1) Are the private fund’s financial statements subject to an annual audit?
    (2) If the answer to question 23.(a)(1) is “yes,” are the financial statements prepared in accordance with U.S. GAAP?
    If the answer to question 23.(a)(1) is “yes,” respond to questions (b) through (h) below. If the private fund uses more than one auditing firm, you must complete
    questions (b) through (f) separately for each auditing firm.
    Additional Auditor Information : 1 Record(s) Filed.
    If the answer to question 23.(a)(1) is “yes,” respond to questions (b) through (h) below. If the private fund uses more than one auditing firm, you must complete
    questions (b) through (f) separately for each auditing firm.
    (b) Name of the auditing firm:
    BDO
    (c) The location of the auditing firm’s office responsible for the private fund’s audit (city, state and country):
    City:
    BRISTOL
    State: Country:
    United Kingdom
    Yes No
    (d) Is the auditing firm an independent public accountant?
    (e) Is the auditing firm registered with the Public Company Accounting Oversight Board?
    If yes, Public Company Accounting Oversight Board-Assigned Number:
    (f) If “yes” to (e) above, is the auditing firm subject to regular inspection by the Public Company Accounting Oversight Board in accordance with its rules?
    Yes No
    (g) Are the private fund’s audited financial statements for the most recently completed fiscal year distributed to the private fund’s investors?
    (h) Do all of the reports prepared by the auditing firm for the private fund since your last annual updating amendment contain unqualified opinions?
    Yes No Report Not Yet Received
    If you check “Report Not Yet Received,” you must promptly file an amendment to your Form ADV to update your response when the report is available.
    Prime Broker
    Yes No
  524. (a) Does the private fund use one or more prime brokers?
    If the answer to question 24.(a) is “yes,” respond to questions (b) through (e) below for each prime broker the private fund uses. If the private fund uses more than one
    prime broker, you must complete questions (b) through (e) separately for each prime broker.
    No Information Filed
    Custodian
    Yes No
  525. (a) Does the private fund use any custodians (including the prime brokers listed above) to hold some or all of its assets?
    If the answer to question 25.(a) is “yes,” respond to questions (b) through (g) below for each custodian the private fund uses. If the private fund uses more than one
    custodian, you must complete questions (b) through (g) separately for each custodian.
    No Information Filed
    Administrator
    Yes No
  526. (a) Does the private fund use an administrator other than your firm?
    If the answer to question 26.(a) is “yes,” respond to questions (b) through (f) below. If the private fund uses more than one administrator, you must complete questions
    (b) through (f) separately for each administrator.
    Additional Administrator Information : 1 Record(s) Filed.
    If the answer to question 26.(a) is “yes,” respond to questions (b) through (f) below. If the private fund uses more than one administrator, you must complete
    questions (b) through (f) separately for each administrator.
    (b) Name of administrator:
    LANGHAM HALL
    (c) Location of administrator (city, state and country):
    City:
    LONDON
    State: Country:
    United Kingdom
    Yes No
    (d) Is the administrator a related person of your firm?
    (e) Does the administrator prepare and send investor account statements to the private fund’s investors?
    Yes (provided to all investors) Some (provided to some but not all investors) No (provided to no investors)
    (f) If the answer to question 26.(e) is “no” or “some,” who sends the investor account statements to the (rest of the) private fund’s investors? If investor account
    statements are not sent to the (rest of the) private fund’s investors, respond “not applicable.”
  527. During your last fiscal year, what percentage of the private fund’s assets (by value) was valued by a person, such as an administrator, that is not your related person?
    0%
    Include only those assets where (i) such person carried out the valuation procedure established for that asset, if any, including obtaining any relevant quotes, and (ii) the
    valuation used for purposes of investor subscriptions, redemptions or distributions, and fee calculations (including allocations) was the valuation determined by such
    person.
    Marketers
    Yes No
  528. (a) Does the private fund use the services of someone other than you or your employees for marketing purposes?
    You must answer “yes” whether the person acts as a placement agent, consultant, finder, introducer, municipal advisor or other solicitor, or similar person. If the answer
    to question 28.(a) is “yes,” respond to questions (b) through (g) below for each such marketer the private fund uses. If the private fund uses more than one marketer you
    must complete questions (b) through (g) separately for each marketer.
    Additional Marketer Information : 4 Record(s) Filed.
    You must answer “yes” whether the person acts as a placement agent, consultant, finder, introducer, municipal advisor or other solicitor, or similar person. If the
    FORM ADV
    UNIFORM APPLICATION FOR INVESTMENT ADVISER REGISTRATION AND REPORT BY EXEMPT REPORTING ADVISERS
    Primary Business Name: NOTION CAPITAL CRD Number: 301084
    Annual Amendment – All Sections Rev. 03/2020
    4/23/2020 10:38:35 AM
    WARNING: Complete this form truthfully. False statements or omissions may result in denial of your application, revocation of your registration, or criminal prosecution. You must
    keep this form updated by filing periodic amendments. See Form ADV General Instruction 4.
    Item 1 Identifying Information
    Responses to this Item tell us who you are, where you are doing business, and how we can contact you. If you are filing an umbrella registration, the information in Item 1 should be
    provided for the filing adviser only. General Instruction 5 provides information to assist you with filing an umbrella registration.
    A. Your full legal name (if you are a sole proprietor, your last, first, and middle names):
    NOTION CAPITAL MANAGERS LLP
    B. (1) Name under which you primarily conduct your advisory business, if different from Item 1.A.
    NOTION CAPITAL
    List on Section 1.B. of Schedule D any additional names under which you conduct your advisory business.
    (2) If you are using this Form ADV to register more than one investment adviser under an umbrella registration, check this box
    If you check this box, complete a Schedule R for each relying adviser.
    C. If this filing is reporting a change in your legal name (Item 1.A.) or primary business name (Item 1.B.(1)), enter the new name and specify whether the name change is of
    your legal name or your primary business name:
    D. (1) If you are registered with the SEC as an investment adviser, your SEC file number:
    (2) If you report to the SEC as an exempt reporting adviser, your SEC file number: 802-117151
    (3) If you have one or more Central Index Key numbers assigned by the SEC (“CIK Numbers”), all of your CIK numbers:
    No Information Filed
    E. (1) If you have a number (“CRD Number”) assigned by the FINRA’s CRD system or by the IARD system, your CRD number: 301084
    If your firm does not have a CRD number, skip this Item 1.E. Do not provide the CRD number of one of your officers, employees, or affiliates.
    (2) If you have additional CRD Numbers, your additional CRD numbers:
    No Information Filed
    F. Principal Office and Place of Business
    (1) Address (do not use a P.O. Box):
    Number and Street 1:
    91 WIMPOLE STREET
    Number and Street 2:
    City:
    LONDON
    State: Country:
    United Kingdom
    ZIP+4/Postal Code:
    W1G 0EF
    If this address is a private residence, check this box:
    List on Section 1.F. of Schedule D any office, other than your principal office and place of business, at which you conduct investment advisory business. If you are applying for
    registration, or are registered, with one or more state securities authorities, you must list all of your offices in the state or states to which you are applying for registration or with
    whom you are registered. If you are applying for SEC registration, if you are registered only with the SEC, or if you are reporting to the SEC as an exempt reporting adviser, list
    the largest twenty-five offices in terms of numbers of employees as of the end of your most recently completed fiscal year.
    (2) Days of week that you normally conduct business at your principal office and place of business:
    Monday – Friday Other:
    Normal business hours at this location:
    09:00 – 17:30
    (3) Telephone number at this location:
    +447919881986
    (4) Facsimile number at this location, if any:
    (5) What is the total number of offices, other than your principal office and place of business, at which you conduct investment advisory business as of the end of your most
    recently completed fiscal year?
    0
    G. Mailing address, if different from your principal office and place of business address:
    Number and Street 1: Number and Street 2:
    City: State: Country: ZIP+4/Postal Code:
    If this address is a private residence, check this box:
    H. If you are a sole proprietor, state your full residence address, if different from your principal office and place of business address in Item 1.F.:
    Number and Street 1: Number and Street 2:
    City: State: Country: ZIP+4/Postal Code:
    Yes No
    I. Do you have one or more websites or accounts on publicly available social media platforms (including, but not limited to, Twitter, Facebook and LinkedIn)?
    If “yes,” list all firm website addresses and the address for each of the firm’s accounts on publicly available social media platforms on Section 1.I. of Schedule D. If a website
    address serves as a portal through which to access other information you have published on the web, you may list the portal without listing addresses for all of the other
    information. You may need to list more than one portal address. Do not provide the addresses of websites or accounts on publicly available social media platforms where you do
    not control the content. Do not provide the individual electronic mail (e-mail) addresses of employees or the addresses of employee accounts on publicly available social media
    platforms.
    J. Chief Compliance Officer
    (1) Provide the name and contact information of your Chief Compliance Officer. If you are an exempt reporting adviser, you must provide the contact information for your Chief
    Compliance Officer, if you have one. If not, you must complete Item 1.K. below.
    Name: Other titles, if any:
    Telephone number: Facsimile number, if any:
    Number and Street 1: Number and Street 2:
    City: State: Country: ZIP+4/Postal Code:
    Electronic mail (e-mail) address, if Chief Compliance Officer has one:
    (2) If your Chief Compliance Officer is compensated or employed by any person other than you, a related person or an investment company registered under the Investment
    Company Act of 1940 that you advise for providing chief compliance officer services to you, provide the person’s name and IRS Employer Identification Number (if any):
    Name:
    IRS Employer Identification Number:
    K. Additional Regulatory Contact Person: If a person other than the Chief Compliance Officer is authorized to receive information and respond to questions about this Form ADV, you
    may provide that information here.
    Name: Titles:
    Telephone number: Facsimile number, if any:
    Number and Street 1: Number and Street 2:
    City: State: Country: ZIP+4/Postal Code:
    Electronic mail (e-mail) address, if contact person has one:
    Yes No
    L. Do you maintain some or all of the books and records you are required to keep under Section 204 of the Advisers Act, or similar state law, somewhere other than your
    principal office and place of business?
    If “yes,” complete Section 1.L. of Schedule D.
    Yes No
    M. Are you registered with a foreign financial regulatory authority?
    Answer “no” if you are not registered with a foreign financial regulatory authority, even if you have an affiliate that is registered with a foreign financial regulatory authority. If “yes,”
    complete Section 1.M. of Schedule D.
    Yes No
    N. Are you a public reporting company under Sections 12 or 15(d) of the Securities Exchange Act of 1934?
    Yes No
    O. Did you have $1 billion or more in assets on the last day of your most recent fiscal year?
    If yes, what is the approximate amount of your assets:
    $1 billion to less than $10 billion
    $10 billion to less than $50 billion
    $50 billion or more
    For purposes of Item 1.O. only, “assets” refers to your total assets, rather than the assets you manage on behalf of clients. Determine your total assets using the total assets shown
    on the balance sheet for your most recent fiscal year end.
    P. Provide your Legal Entity Identifier if you have one:
    A legal entity identifier is a unique number that companies use to identify each other in the financial marketplace. You may not have a legal entity identifier.
    SECTION 1.B. Other Business Names
    No Information Filed
    SECTION 1.F. Other Offices
    No Information Filed
    SECTION 1.I. Website Addresses
    List your website addresses, including addresses for accounts on publicly available social media platforms where you control the content (including, but not limited to, Twitter,
    Facebook and/or LinkedIn). You must complete a separate Schedule D Section 1.I. for each website or account on a publicly available social media platform.
    Address of Website/Account on Publicly Available Social Media Platform: https://notion.vc/
    SECTION 1.L. Location of Books and Records
    No Information Filed
    SECTION 1.M. Registration with Foreign Financial Regulatory Authorities
    List the name and country, in English, of each foreign financial regulatory authority with which you are registered. You must complete a separate Schedule D Section 1.M. for each
    foreign financial regulatory authority with whom you are registered.
    Name of Country/Foreign Financial Regulatory Authority:
    United Kingdom – Financial Conduct Authority
    Other:
    Item 2 SEC Registration/Reporting
    SEC Reporting by Exempt Reporting Advisers
    B. Complete this Item 2.B. only if you are reporting to the SEC as an exempt reporting adviser. Check all that apply. You:
    (1) qualify for the exemption from registration as an adviser solely to one or more venture capital funds, as defined in rule 203(l)-1;
    (2) qualify for the exemption from registration because you act solely as an adviser to private funds and have assets under management, as defined in rule 203(m)-1, in the
    United States of less than $150 million;
    (3) act solely as an adviser to private funds but you are no longer eligible to check box 2.B.(2) because you have assets under management, as defined in rule 203(m)-1, in
    the United States of $150 million or more.
    If you check box (2) or (3), complete Section 2.B. of Schedule D.
    SECTION 2.B. Private Fund Assets
    If you check Item 2.B.(2) or (3), what is the amount of the private fund assets that you manage? $ 321002333
    NOTE: “Private fund assets” has the same meaning here as it has under rule 203(m)-1. If you are an investment adviser with its principal office and place of business outside the
    United States only include private fund assets that you manage at a place of business in the United States.
    Item 3 Form of Organization
    If you are filing an umbrella registration, the information in Item 3 should be provided for the filing adviser only.
    A. How are you organized?
    Corporation
    Sole Proprietorship
    Limited Liability Partnership (LLP)
    Partnership
    Limited Liability Company (LLC)
    Limited Partnership (LP)
    Other (specify):
    If you are changing your response to this Item, see Part 1A Instruction 4.
    B. In what month does your fiscal year end each year?
    MARCH
    C. Under the laws of what state or country are you organized?
    State Country
    United Kingdom
    If you are a partnership, provide the name of the state or country under whose laws your partnership was formed. If you are a sole proprietor, provide the name of the state or
    country where you reside.
    If you are changing your response to this Item, see Part 1A Instruction 4.
    Item 6 Other Business Activities
    In this Item, we request information about your firm’s other business activities.
    A. You are actively engaged in business as a (check all that apply):
    (1) broker-dealer (registered or unregistered)
    (2) registered representative of a broker-dealer
    (3) commodity pool operator or commodity trading advisor (whether registered or exempt from registration)
    (4) futures commission merchant
    (5) real estate broker, dealer, or agent
    (6) insurance broker or agent
    (7) bank (including a separately identifiable department or division of a bank)
    (8) trust company
    (9) registered municipal advisor
    (10) registered security-based swap dealer
    (11) major security-based swap participant
    (12) accountant or accounting firm
    (13) lawyer or law firm
    (14) other financial product salesperson (specify):
    If you engage in other business using a name that is different from the names reported in Items 1.A. or 1.B.(1), complete Section 6.A. of Schedule D.
    Yes No
    B. (1) Are you actively engaged in any other business not listed in Item 6.A. (other than giving investment advice)?
    (2) If yes, is this other business your primary business?
    If “yes,” describe this other business on Section 6.B.(2) of Schedule D, and if you engage in this business under a different name, provide that name.
    Yes No
    (3) Do you sell products or provide services other than investment advice to your advisory clients?
    If “yes,” describe this other business on Section 6.B.(3) of Schedule D, and if you engage in this business under a different name, provide that name.
    SECTION 6.A. Names of Your Other Businesses
    No Information Filed
    SECTION 6.B.(2) Description of Primary Business
    Describe your primary business (not your investment advisory business):
    If you engage in that business under a different name, provide that name:
    SECTION 6.B.(3) Description of Other Products and Services
    Describe other products or services you sell to your client. You may omit products and services that you listed in Section 6.B.(2) above.
    If you engage in that business under a different name, provide that name:
    Item 7 Financial Industry Affiliations
    In this Item, we request information about your financial industry affiliations and activities. This information identifies areas in which conflicts of interest may occur between you and
    your clients.
    A. This part of Item 7 requires you to provide information about you and your related persons, including foreign affiliates. Your related persons are all of your advisory affiliates and any
    person that is under common control with you.
    You have a related person that is a (check all that apply):
    (1) broker-dealer, municipal securities dealer, or government securities broker or dealer (registered or unregistered)
    (2) other investment adviser (including financial planners)
    (3) registered municipal advisor
    (4) registered security-based swap dealer
    (5) major security-based swap participant
    (6) commodity pool operator or commodity trading advisor (whether registered or exempt from registration)
    (7) futures commission merchant
    (8) banking or thrift institution
    (9) trust company
    (10) accountant or accounting firm
    (11) lawyer or law firm
    (12) insurance company or agency
    (13) pension consultant
    (14) real estate broker or dealer
    (15) sponsor or syndicator of limited partnerships (or equivalent), excluding pooled investment vehicles
    (16) sponsor, general partner, managing member (or equivalent) of pooled investment vehicles
    Note that Item 7.A. should not be used to disclose that some of your employees perform investment advisory functions or are registered representatives of a broker-dealer. The
    number of your firm’s employees who perform investment advisory functions should be disclosed under Item 5.B.(1). The number of your firm’s employees who are registered
    representatives of a broker-dealer should be disclosed under Item 5.B.(2).
    Note that if you are filing an umbrella registration, you should not check Item 7.A.(2) with respect to your relying advisers, and you do not have to complete Section 7.A. in
    Schedule D for your relying advisers. You should complete a Schedule R for each relying adviser.
    For each related person, including foreign affiliates that may not be registered or required to be registered in the United States, complete Section 7.A. of Schedule D.
    You do not need to complete Section 7.A. of Schedule D for any related person if: (1) you have no business dealings with the related person in connection with advisory services
    you provide to your clients; (2) you do not conduct shared operations with the related person; (3) you do not refer clients or business to the related person, and the related person
    does not refer prospective clients or business to you; (4) you do not share supervised persons or premises with the related person; and (5) you have no reason to believe that
    your relationship with the related person otherwise creates a conflict of interest with your clients.
    You must complete Section 7.A. of Schedule D for each related person acting as qualified custodian in connection with advisory services you provide to your clients (other than
    any mutual fund transfer agent pursuant to rule 206(4)-2(b)(1)), regardless of whether you have determined the related person to be operationally independent under rule
    206(4)-2 of the Advisers Act.
    SECTION 7.A. Financial Industry Affiliations
    No Information Filed
    Item 7 Private Fund Reporting
    Yes No
    B. Are you an adviser to any private fund?
    If “yes,” then for each private fund that you advise, you must complete a Section 7.B.(1) of Schedule D, except in certain circumstances described in the next sentence and in
    Instruction 6 of the Instructions to Part 1A. If you are registered or applying for registration with the SEC or reporting as an SEC exempt reporting adviser, and another SEC-registered
    adviser or SEC exempt reporting adviser reports this information with respect to any such private fund in Section 7.B.(1) of Schedule D of its Form ADV (e.g., if you are a subadviser),
    do not complete Section 7.B.(1) of Schedule D with respect to that private fund. You must, instead, complete Section 7.B.(2) of Schedule D.
    In either case, if you seek to preserve the anonymity of a private fund client by maintaining its identity in your books and records in numerical or alphabetical code, or similar
    designation, pursuant to rule 204-2(d), you may identify the private fund in Section 7.B.(1) or 7.B.(2) of Schedule D using the same code or designation in place of the fund’s name.
    SECTION 7.B.(1) Private Fund Reporting
    A. PRIVATE FUND
    Information About the Private Fund
  529. (a) Name of the private fund:
    NOTION CAPITAL 2 LP
    (b) Private fund identification number:
    (include the “805-” prefix also)
    805-6271914669
  530. Under the laws of what state or country is the private fund organized:
    State: Country:
    United Kingdom
  531. (a) Name(s) of General Partner, Manager, Trustee, or Directors (or persons serving in a similar capacity):
    Name of General Partner, Manager, Trustee, or Director
    NOTION CAPITAL MANAGERS LLP
    (b) If filing an umbrella registration, identify the filing adviser and/or relying adviser(s) that sponsor(s) or manage(s) this private fund.
    No Information Filed
  532. The private fund (check all that apply; you must check at least one):
    (1) qualifies for the exclusion from the definition of investment company under section 3(c)(1) of the Investment Company Act of 1940
    (2) qualifies for the exclusion from the definition of investment company under section 3(c)(7) of the Investment Company Act of 1940
  533. List the name and country, in English, of each foreign financial regulatory authority with which the private fund is registered.
    No Information Filed
    Yes No
  534. (a) Is this a “master fund” in a master-feeder arrangement?
    (b) If yes, what is the name and private fund identification number (if any) of the feeder funds investing in this private fund?
    No Information Filed
    Yes No
    (c) Is this a “feeder fund” in a master-feeder arrangement?
    (d) If yes, what is the name and private fund identification number (if any) of the master fund in which this private fund invests?
    Name of private fund:
    Private fund identification number:
    (include the “805-” prefix also)
    NOTE: You must complete question 6 for each master-feeder arrangement regardless of whether you are filing a single Schedule D, Section 7.B.(1) for the master-feeder
    arrangement or reporting on the funds separately.
  535. If you are filing a single Schedule D, Section 7.B.(1) for a master-feeder arrangement according to the instructions to this Section 7.B.(1), for each of the feeder funds answer
    the following questions:
    No Information Filed
    NOTE: For purposes of questions 6 and 7, in a master-feeder arrangement, one or more funds (“feeder funds”) invest all or substantially all of their assets in a single fund
    (“master fund”). A fund would also be a “feeder fund” investing in a “master fund” for purposes of this question if it issued multiple classes (or series) of shares or interests,
    and each class (or series) invests substantially all of its assets in a single master fund.
    Yes No
  536. (a) Is this private fund a “fund of funds”?
    NOTE: For purposes of this question only, answer “yes” if the fund invests 10 percent or more of its total assets in other pooled investment vehicles, regardless of whether
    they are also private funds or registered investment companies.
    (b) If yes, does the private fund invest in funds managed by you or by a related person?
    Yes No
  537. During your last fiscal year, did the private fund invest in securities issued by investment companies registered under the Investment Company Act of 1940 (other
    than “money market funds,” to the extent provided in Instruction 6.e.)?
  538. What type of fund is the private fund?
    hedge fund liquidity fund private equity fund real estate fund securitized asset fund venture capital fund Other private fund:
    NOTE: For definitions of these fund types, please see Instruction 6 of the Instructions to Part 1A.
  539. Current gross asset value of the private fund:
    $ 79,829,349
    Ownership
  540. Minimum investment commitment required of an investor in the private fund:
    $ 1
    NOTE: Report the amount routinely required of investors who are not your related persons (even if different from the amount set forth in the organizational documents of the
    fund).
  541. Approximate number of the private fund’s beneficial owners:
    45
  542. What is the approximate percentage of the private fund beneficially owned by you and your related persons:
    6%
  543. (a) What is the approximate percentage of the private fund beneficially owned (in the aggregate) by funds of funds:
    77%
    Yes No
    (b) If the private fund qualifies for the exclusion from the definition of investment company under section 3(c)(1) of the Investment Company Act of 1940, are sales
    of the fund limited to qualified clients?
  544. What is the approximate percentage of the private fund beneficially owned by non-United States persons:
    100%
    Your Advisory Services
    Yes No
  545. (a) Are you a subadviser to this private fund?
    (b) If the answer to question 17.(a) is “yes,” provide the name and SEC file number, if any, of the adviser of the private fund. If the answer to question 17.(a) is “no,” leave this
    question blank.
    No Information Filed
    Yes No
  546. (a) Do any investment advisers (other than the investment advisers listed in Section 7.B.(1).A.3.(b)) advise the private fund?
    (b) If the answer to question 18.(a) is “yes,” provide the name and SEC file number, if any, of the other advisers to the private fund. If the answer to question 18.(a) is “no,”
    leave this question blank.
    No Information Filed
    Yes No
  547. Are your clients solicited to invest in the private fund?
    NOTE: For purposes of this question, do not consider feeder funds of the private fund.
  548. Approximately what percentage of your clients has invested in the private fund?
    100%
    Private Offering
    Yes No
  549. Has the private fund ever relied on an exemption from registration of its securities under Regulation D of the Securities Act of 1933?
  550. If yes, provide the private fund’s Form D file number (if any):
    No Information Filed
    B. SERVICE PROVIDERS
    Auditors
    Yes No
  551. (a) (1) Are the private fund’s financial statements subject to an annual audit?
    (2) If the answer to question 23.(a)(1) is “yes,” are the financial statements prepared in accordance with U.S. GAAP?
    If the answer to question 23.(a)(1) is “yes,” respond to questions (b) through (h) below. If the private fund uses more than one auditing firm, you must complete
    questions (b) through (f) separately for each auditing firm.
    Additional Auditor Information : 1 Record(s) Filed.
    If the answer to question 23.(a)(1) is “yes,” respond to questions (b) through (h) below. If the private fund uses more than one auditing firm, you must complete
    questions (b) through (f) separately for each auditing firm.
    (b) Name of the auditing firm:
    BDO
    (c) The location of the auditing firm’s office responsible for the private fund’s audit (city, state and country):
    City:
    BRISTOL
    State: Country:
    United Kingdom
    Yes No
    (d) Is the auditing firm an independent public accountant?
    (e) Is the auditing firm registered with the Public Company Accounting Oversight Board?
    If yes, Public Company Accounting Oversight Board-Assigned Number:
    (f) If “yes” to (e) above, is the auditing firm subject to regular inspection by the Public Company Accounting Oversight Board in accordance with its rules?
    Yes No
    (g) Are the private fund’s audited financial statements for the most recently completed fiscal year distributed to the private fund’s investors?
    (h) Do all of the reports prepared by the auditing firm for the private fund since your last annual updating amendment contain unqualified opinions?
    Yes No Report Not Yet Received
    If you check “Report Not Yet Received,” you must promptly file an amendment to your Form ADV to update your response when the report is available.
    Prime Broker
    Yes No
  552. (a) Does the private fund use one or more prime brokers?
    If the answer to question 24.(a) is “yes,” respond to questions (b) through (e) below for each prime broker the private fund uses. If the private fund uses more than one
    prime broker, you must complete questions (b) through (e) separately for each prime broker.
    No Information Filed
    Custodian
    Yes No
  553. (a) Does the private fund use any custodians (including the prime brokers listed above) to hold some or all of its assets?
    If the answer to question 25.(a) is “yes,” respond to questions (b) through (g) below for each custodian the private fund uses. If the private fund uses more than one
    custodian, you must complete questions (b) through (g) separately for each custodian.
    No Information Filed
    Administrator
    Yes No
  554. (a) Does the private fund use an administrator other than your firm?
    If the answer to question 26.(a) is “yes,” respond to questions (b) through (f) below. If the private fund uses more than one administrator, you must complete questions
    (b) through (f) separately for each administrator.
    Additional Administrator Information : 1 Record(s) Filed.
    If the answer to question 26.(a) is “yes,” respond to questions (b) through (f) below. If the private fund uses more than one administrator, you must complete
    questions (b) through (f) separately for each administrator.
    (b) Name of administrator:
    LANGHAM HALL
    (c) Location of administrator (city, state and country):
    City:
    LONDON
    State: Country:
    United Kingdom
    Yes No
    (d) Is the administrator a related person of your firm?
    (e) Does the administrator prepare and send investor account statements to the private fund’s investors?
    Yes (provided to all investors) Some (provided to some but not all investors) No (provided to no investors)
    (f) If the answer to question 26.(e) is “no” or “some,” who sends the investor account statements to the (rest of the) private fund’s investors? If investor account
    statements are not sent to the (rest of the) private fund’s investors, respond “not applicable.”
  555. During your last fiscal year, what percentage of the private fund’s assets (by value) was valued by a person, such as an administrator, that is not your related person?
    0%
    Include only those assets where (i) such person carried out the valuation procedure established for that asset, if any, including obtaining any relevant quotes, and (ii) the
    valuation used for purposes of investor subscriptions, redemptions or distributions, and fee calculations (including allocations) was the valuation determined by such
    person.
    Marketers
    Yes No
  556. (a) Does the private fund use the services of someone other than you or your employees for marketing purposes?
    You must answer “yes” whether the person acts as a placement agent, consultant, finder, introducer, municipal advisor or other solicitor, or similar person. If the answer
    to question 28.(a) is “yes,” respond to questions (b) through (g) below for each such marketer the private fund uses. If the private fund uses more than one marketer you
    must complete questions (b) through (g) separately for each marketer.
    No Information Filed
    A. PRIVATE FUND
    Information About the Private Fund
  557. (a) Name of the private fund:
    NOTION CAPITAL III LP
    (b) Private fund identification number:
    (include the “805-” prefix also)
    805-7804679333
  558. Under the laws of what state or country is the private fund organized:
    State: Country:
    United Kingdom
  559. (a) Name(s) of General Partner, Manager, Trustee, or Directors (or persons serving in a similar capacity):
    Name of General Partner, Manager, Trustee, or Director
    NOTION CAPITAL MANAGERS LLP
    (b) If filing an umbrella registration, identify the filing adviser and/or relying adviser(s) that sponsor(s) or manage(s) this private fund.
    No Information Filed
  560. The private fund (check all that apply; you must check at least one):
    (1) qualifies for the exclusion from the definition of investment company under section 3(c)(1) of the Investment Company Act of 1940
    (2) qualifies for the exclusion from the definition of investment company under section 3(c)(7) of the Investment Company Act of 1940
  561. List the name and country, in English, of each foreign financial regulatory authority with which the private fund is registered.
    No Information Filed
    Yes No
  562. (a) Is this a “master fund” in a master-feeder arrangement?
    (b) If yes, what is the name and private fund identification number (if any) of the feeder funds investing in this private fund?
    No Information Filed
    Yes No
    (c) Is this a “feeder fund” in a master-feeder arrangement?
    (d) If yes, what is the name and private fund identification number (if any) of the master fund in which this private fund invests?
    Name of private fund:
    Private fund identification number:
    (include the “805-” prefix also)
    NOTE: You must complete question 6 for each master-feeder arrangement regardless of whether you are filing a single Schedule D, Section 7.B.(1) for the master-feeder
    arrangement or reporting on the funds separately.
  563. If you are filing a single Schedule D, Section 7.B.(1) for a master-feeder arrangement according to the instructions to this Section 7.B.(1), for each of the feeder funds answer
    the following questions:
    No Information Filed
    NOTE: For purposes of questions 6 and 7, in a master-feeder arrangement, one or more funds (“feeder funds”) invest all or substantially all of their assets in a single fund
    (“master fund”). A fund would also be a “feeder fund” investing in a “master fund” for purposes of this question if it issued multiple classes (or series) of shares or interests,
    and each class (or series) invests substantially all of its assets in a single master fund.
    Yes No
  564. (a) Is this private fund a “fund of funds”?
    NOTE: For purposes of this question only, answer “yes” if the fund invests 10 percent or more of its total assets in other pooled investment vehicles, regardless of whether
    they are also private funds or registered investment companies.
    (b) If yes, does the private fund invest in funds managed by you or by a related person?
    Yes No
  565. During your last fiscal year, did the private fund invest in securities issued by investment companies registered under the Investment Company Act of 1940 (other
    than “money market funds,” to the extent provided in Instruction 6.e.)?
  566. What type of fund is the private fund?
    hedge fund liquidity fund private equity fund real estate fund securitized asset fund venture capital fund Other private fund:
    NOTE: For definitions of these fund types, please see Instruction 6 of the Instructions to Part 1A.
  567. Current gross asset value of the private fund:
    $ 139,161,309
    Ownership
  568. Minimum investment commitment required of an investor in the private fund:
    $ 1
    NOTE: Report the amount routinely required of investors who are not your related persons (even if different from the amount set forth in the organizational documents of the
    fund).
  569. Approximate number of the private fund’s beneficial owners:
    37
  570. What is the approximate percentage of the private fund beneficially owned by you and your related persons:
    5%
  571. (a) What is the approximate percentage of the private fund beneficially owned (in the aggregate) by funds of funds:
    2%
    Yes No
    (b) If the private fund qualifies for the exclusion from the definition of investment company under section 3(c)(1) of the Investment Company Act of 1940, are sales
    of the fund limited to qualified clients?
  572. What is the approximate percentage of the private fund beneficially owned by non-United States persons:
    86%
    Your Advisory Services
    Yes No
  573. (a) Are you a subadviser to this private fund?
    (b) If the answer to question 17.(a) is “yes,” provide the name and SEC file number, if any, of the adviser of the private fund. If the answer to question 17.(a) is “no,” leave this
    question blank.
    No Information Filed
    Yes No
  574. (a) Do any investment advisers (other than the investment advisers listed in Section 7.B.(1).A.3.(b)) advise the private fund?
    (b) If the answer to question 18.(a) is “yes,” provide the name and SEC file number, if any, of the other advisers to the private fund. If the answer to question 18.(a) is “no,”
    leave this question blank.
    No Information Filed
    Yes No
  575. Are your clients solicited to invest in the private fund?
    NOTE: For purposes of this question, do not consider feeder funds of the private fund.
  576. Approximately what percentage of your clients has invested in the private fund?
    100%
    Private Offering
    Yes No
  577. Has the private fund ever relied on an exemption from registration of its securities under Regulation D of the Securities Act of 1933?
  578. If yes, provide the private fund’s Form D file number (if any):
    No Information Filed
    B. SERVICE PROVIDERS
    Auditors
    Yes No
  579. (a) (1) Are the private fund’s financial statements subject to an annual audit?
    (2) If the answer to question 23.(a)(1) is “yes,” are the financial statements prepared in accordance with U.S. GAAP?
    If the answer to question 23.(a)(1) is “yes,” respond to questions (b) through (h) below. If the private fund uses more than one auditing firm, you must complete
    questions (b) through (f) separately for each auditing firm.
    Additional Auditor Information : 1 Record(s) Filed.
    If the answer to question 23.(a)(1) is “yes,” respond to questions (b) through (h) below. If the private fund uses more than one auditing firm, you must complete
    questions (b) through (f) separately for each auditing firm.
    (b) Name of the auditing firm:
    BDO
    (c) The location of the auditing firm’s office responsible for the private fund’s audit (city, state and country):
    City:
    BRISTOL
    State: Country:
    United Kingdom
    Yes No
    (d) Is the auditing firm an independent public accountant?
    (e) Is the auditing firm registered with the Public Company Accounting Oversight Board?
    If yes, Public Company Accounting Oversight Board-Assigned Number:
    (f) If “yes” to (e) above, is the auditing firm subject to regular inspection by the Public Company Accounting Oversight Board in accordance with its rules?
    Yes No
    (g) Are the private fund’s audited financial statements for the most recently completed fiscal year distributed to the private fund’s investors?
    (h) Do all of the reports prepared by the auditing firm for the private fund since your last annual updating amendment contain unqualified opinions?
    Yes No Report Not Yet Received
    If you check “Report Not Yet Received,” you must promptly file an amendment to your Form ADV to update your response when the report is available.
    Prime Broker
    Yes No
  580. (a) Does the private fund use one or more prime brokers?
    If the answer to question 24.(a) is “yes,” respond to questions (b) through (e) below for each prime broker the private fund uses. If the private fund uses more than one
    prime broker, you must complete questions (b) through (e) separately for each prime broker.
    No Information Filed
    Custodian
    Yes No
  581. (a) Does the private fund use any custodians (including the prime brokers listed above) to hold some or all of its assets?
    If the answer to question 25.(a) is “yes,” respond to questions (b) through (g) below for each custodian the private fund uses. If the private fund uses more than one
    custodian, you must complete questions (b) through (g) separately for each custodian.
    No Information Filed
    Administrator
    Yes No
  582. (a) Does the private fund use an administrator other than your firm?
    If the answer to question 26.(a) is “yes,” respond to questions (b) through (f) below. If the private fund uses more than one administrator, you must complete questions
    (b) through (f) separately for each administrator.
    Additional Administrator Information : 1 Record(s) Filed.
    If the answer to question 26.(a) is “yes,” respond to questions (b) through (f) below. If the private fund uses more than one administrator, you must complete
    questions (b) through (f) separately for each administrator.
    (b) Name of administrator:
    LANGHAM HALL
    (c) Location of administrator (city, state and country):
    City:
    LONDON
    State: Country:
    United Kingdom
    Yes No
    (d) Is the administrator a related person of your firm?
    (e) Does the administrator prepare and send investor account statements to the private fund’s investors?
    Yes (provided to all investors) Some (provided to some but not all investors) No (provided to no investors)
    (f) If the answer to question 26.(e) is “no” or “some,” who sends the investor account statements to the (rest of the) private fund’s investors? If investor account
    statements are not sent to the (rest of the) private fund’s investors, respond “not applicable.”
  583. During your last fiscal year, what percentage of the private fund’s assets (by value) was valued by a person, such as an administrator, that is not your related person?
    0%
    Include only those assets where (i) such person carried out the valuation procedure established for that asset, if any, including obtaining any relevant quotes, and (ii) the
    valuation used for purposes of investor subscriptions, redemptions or distributions, and fee calculations (including allocations) was the valuation determined by such
    person.
    Marketers
    Yes No
  584. (a) Does the private fund use the services of someone other than you or your employees for marketing purposes?
    You must answer “yes” whether the person acts as a placement agent, consultant, finder, introducer, municipal advisor or other solicitor, or similar person. If the answer
    to question 28.(a) is “yes,” respond to questions (b) through (g) below for each such marketer the private fund uses. If the private fund uses more than one marketer you
    must complete questions (b) through (g) separately for each marketer.
    No Information Filed
    A. PRIVATE FUND
    Information About the Private Fund
  585. (a) Name of the private fund:
    NOTION CAPITAL IV LP
    (b) Private fund identification number:
    (include the “805-” prefix also)
    805-2167470483
  586. Under the laws of what state or country is the private fund organized:
    State: Country:
    United Kingdom
  587. (a) Name(s) of General Partner, Manager, Trustee, or Directors (or persons serving in a similar capacity):
    Name of General Partner, Manager, Trustee, or Director
    NOTION CAPITAL MANAGERS LLP
    (b) If filing an umbrella registration, identify the filing adviser and/or relying adviser(s) that sponsor(s) or manage(s) this private fund.
    No Information Filed
  588. The private fund (check all that apply; you must check at least one):
    (1) qualifies for the exclusion from the definition of investment company under section 3(c)(1) of the Investment Company Act of 1940
    (2) qualifies for the exclusion from the definition of investment company under section 3(c)(7) of the Investment Company Act of 1940
  589. List the name and country, in English, of each foreign financial regulatory authority with which the private fund is registered.
    No Information Filed
    Yes No
  590. (a) Is this a “master fund” in a master-feeder arrangement?
    (b) If yes, what is the name and private fund identification number (if any) of the feeder funds investing in this private fund?
    No Information Filed
    Yes No
    (c) Is this a “feeder fund” in a master-feeder arrangement?
    (d) If yes, what is the name and private fund identification number (if any) of the master fund in which this private fund invests?
    Name of private fund:
    Private fund identification number:
    (include the “805-” prefix also)
    NOTE: You must complete question 6 for each master-feeder arrangement regardless of whether you are filing a single Schedule D, Section 7.B.(1) for the master-feeder
    arrangement or reporting on the funds separately.
  591. If you are filing a single Schedule D, Section 7.B.(1) for a master-feeder arrangement according to the instructions to this Section 7.B.(1), for each of the feeder funds answer
    the following questions:
    No Information Filed
    NOTE: For purposes of questions 6 and 7, in a master-feeder arrangement, one or more funds (“feeder funds”) invest all or substantially all of their assets in a single fund
    (“master fund”). A fund would also be a “feeder fund” investing in a “master fund” for purposes of this question if it issued multiple classes (or series) of shares or interests,
    and each class (or series) invests substantially all of its assets in a single master fund.
    Yes No
  592. (a) Is this private fund a “fund of funds”?
    NOTE: For purposes of this question only, answer “yes” if the fund invests 10 percent or more of its total assets in other pooled investment vehicles, regardless of whether
    they are also private funds or registered investment companies.
    (b) If yes, does the private fund invest in funds managed by you or by a related person?
    Yes No
  593. During your last fiscal year, did the private fund invest in securities issued by investment companies registered under the Investment Company Act of 1940 (other
    than “money market funds,” to the extent provided in Instruction 6.e.)?
  594. What type of fund is the private fund?
    hedge fund liquidity fund private equity fund real estate fund securitized asset fund venture capital fund Other private fund:
    NOTE: For definitions of these fund types, please see Instruction 6 of the Instructions to Part 1A.
  595. Current gross asset value of the private fund:
    $ 10,024,984
    Ownership
  596. Minimum investment commitment required of an investor in the private fund:
    $ 100,000
    NOTE: Report the amount routinely required of investors who are not your related persons (even if different from the amount set forth in the organizational documents of the
    fund).
  597. Approximate number of the private fund’s beneficial owners:
    24
  598. What is the approximate percentage of the private fund beneficially owned by you and your related persons:
    3%
  599. (a) What is the approximate percentage of the private fund beneficially owned (in the aggregate) by funds of funds:
    62%
    Yes No
    (b) If the private fund qualifies for the exclusion from the definition of investment company under section 3(c)(1) of the Investment Company Act of 1940, are sales
    of the fund limited to qualified clients?
  600. What is the approximate percentage of the private fund beneficially owned by non-United States persons:
    84%
    Your Advisory Services
    Yes No
  601. (a) Are you a subadviser to this private fund?
    (b) If the answer to question 17.(a) is “yes,” provide the name and SEC file number, if any, of the adviser of the private fund. If the answer to question 17.(a) is “no,” leave this
    question blank.
    No Information Filed
    Yes No
  602. (a) Do any investment advisers (other than the investment advisers listed in Section 7.B.(1).A.3.(b)) advise the private fund?
    (b) If the answer to question 18.(a) is “yes,” provide the name and SEC file number, if any, of the other advisers to the private fund. If the answer to question 18.(a) is “no,”
    leave this question blank.
    No Information Filed
    Yes No
  603. Are your clients solicited to invest in the private fund?
    NOTE: For purposes of this question, do not consider feeder funds of the private fund.
  604. Approximately what percentage of your clients has invested in the private fund?
    100%
    Private Offering
    Yes No
  605. Has the private fund ever relied on an exemption from registration of its securities under Regulation D of the Securities Act of 1933?
  606. If yes, provide the private fund’s Form D file number (if any):
    No Information Filed
    B. SERVICE PROVIDERS
    Auditors
    Yes No
  607. (a) (1) Are the private fund’s financial statements subject to an annual audit?
    (2) If the answer to question 23.(a)(1) is “yes,” are the financial statements prepared in accordance with U.S. GAAP?
    If the answer to question 23.(a)(1) is “yes,” respond to questions (b) through (h) below. If the private fund uses more than one auditing firm, you must complete
    questions (b) through (f) separately for each auditing firm.
    Additional Auditor Information : 1 Record(s) Filed.
    If the answer to question 23.(a)(1) is “yes,” respond to questions (b) through (h) below. If the private fund uses more than one auditing firm, you must complete
    questions (b) through (f) separately for each auditing firm.
    (b) Name of the auditing firm:
    BDO
    (c) The location of the auditing firm’s office responsible for the private fund’s audit (city, state and country):
    City:
    BRISTOL
    State: Country:
    United Kingdom
    Yes No
    (d) Is the auditing firm an independent public accountant?
    (e) Is the auditing firm registered with the Public Company Accounting Oversight Board?
    If yes, Public Company Accounting Oversight Board-Assigned Number:
    (f) If “yes” to (e) above, is the auditing firm subject to regular inspection by the Public Company Accounting Oversight Board in accordance with its rules?
    Yes No
    (g) Are the private fund’s audited financial statements for the most recently completed fiscal year distributed to the private fund’s investors?
    (h) Do all of the reports prepared by the auditing firm for the private fund since your last annual updating amendment contain unqualified opinions?
    Yes No Report Not Yet Received
    If you check “Report Not Yet Received,” you must promptly file an amendment to your Form ADV to update your response when the report is available.
    Prime Broker
    Yes No
  608. (a) Does the private fund use one or more prime brokers?
    If the answer to question 24.(a) is “yes,” respond to questions (b) through (e) below for each prime broker the private fund uses. If the private fund uses more than one
    prime broker, you must complete questions (b) through (e) separately for each prime broker.
    No Information Filed
    Custodian
    Yes No
  609. (a) Does the private fund use any custodians (including the prime brokers listed above) to hold some or all of its assets?
    If the answer to question 25.(a) is “yes,” respond to questions (b) through (g) below for each custodian the private fund uses. If the private fund uses more than one
    custodian, you must complete questions (b) through (g) separately for each custodian.
    No Information Filed
    Administrator
    Yes No
  610. (a) Does the private fund use an administrator other than your firm?
    If the answer to question 26.(a) is “yes,” respond to questions (b) through (f) below. If the private fund uses more than one administrator, you must complete questions
    (b) through (f) separately for each administrator.
    Additional Administrator Information : 1 Record(s) Filed.
    If the answer to question 26.(a) is “yes,” respond to questions (b) through (f) below. If the private fund uses more than one administrator, you must complete
    questions (b) through (f) separately for each administrator.
    (b) Name of administrator:
    LANGHAM HALL
    (c) Location of administrator (city, state and country):
    City:
    LONDON
    State: Country:
    United Kingdom
    Yes No
    (d) Is the administrator a related person of your firm?
    (e) Does the administrator prepare and send investor account statements to the private fund’s investors?
    Yes (provided to all investors) Some (provided to some but not all investors) No (provided to no investors)
    (f) If the answer to question 26.(e) is “no” or “some,” who sends the investor account statements to the (rest of the) private fund’s investors? If investor account
    statements are not sent to the (rest of the) private fund’s investors, respond “not applicable.”
  611. During your last fiscal year, what percentage of the private fund’s assets (by value) was valued by a person, such as an administrator, that is not your related person?
    0%
    Include only those assets where (i) such person carried out the valuation procedure established for that asset, if any, including obtaining any relevant quotes, and (ii) the
    valuation used for purposes of investor subscriptions, redemptions or distributions, and fee calculations (including allocations) was the valuation determined by such
    person.
    Marketers
    Yes No
  612. (a) Does the private fund use the services of someone other than you or your employees for marketing purposes?
    You must answer “yes” whether the person acts as a placement agent, consultant, finder, introducer, municipal advisor or other solicitor, or similar person. If the answer
    to question 28.(a) is “yes,” respond to questions (b) through (g) below for each such marketer the private fund uses. If the private fund uses more than one marketer you
    must complete questions (b) through (g) separately for each marketer.
    Additional Marketer Information : 4 Record(s) Filed.
    You must answer “yes” whether the person acts as a placement agent, consultant, finder, introducer, municipal advisor or other solicitor, or similar person. If the
    answer to question 28.(a) is “yes,” respond to questions (b) through (g) below for each such marketer the private fund uses. If the private fund uses more than
    one marketer, you must complete questions (b) through (g) separately for each marketer.
    Yes No
    (b) Is the marketer a related person of your firm?
    (c) Name of the marketer:
    FIONA BALCH

(d) If the marketer is registered with the SEC, its file number (e.g., 801-, 8-, or 866-):

and CRD Number (if any):
(e) Location of the marketer’s office used principally by the private fund (city, state and country):
City:
LONDON
State: Country:
United Kingdom
Yes No
(f) Does the marketer market the private fund through one or more websites?
(g) If the answer to question 28.(f) is “yes,” list the website address(es):
No Information Filed
You must answer “yes” whether the person acts as a placement agent, consultant, finder, introducer, municipal advisor or other solicitor, or similar person. If the
answer to question 28.(a) is “yes,” respond to questions (b) through (g) below for each such marketer the private fund uses. If the private fund uses more than
one marketer, you must complete questions (b) through (g) separately for each marketer.
Yes No
(b) Is the marketer a related person of your firm?
(c) Name of the marketer:
FIRST AVENUE
(d) If the marketer is registered with the SEC, its file number (e.g., 801-, 8-, or 866-):
8 – 67758
and CRD Number (if any):
145860
(e) Location of the marketer’s office used principally by the private fund (city, state and country):
City:
NEW YORK
State:
New York
Country:
United States
Yes No
(f) Does the marketer market the private fund through one or more websites?
(g) If the answer to question 28.(f) is “yes,” list the website address(es):
No Information Filed
You must answer “yes” whether the person acts as a placement agent, consultant, finder, introducer, municipal advisor or other solicitor, or similar person. If the
answer to question 28.(a) is “yes,” respond to questions (b) through (g) below for each such marketer the private fund uses. If the private fund uses more than
one marketer, you must complete questions (b) through (g) separately for each marketer.
Yes No
(b) Is the marketer a related person of your firm?
(c) Name of the marketer:
FRONTIER SOLUTIONS, LLC
(d) If the marketer is registered with the SEC, its file number (e.g., 801-, 8-, or 866-):
FORM ADV
UNIFORM APPLICATION FOR INVESTMENT ADVISER REGISTRATION AND REPORT BY EXEMPT REPORTING ADVISERS
Primary Business Name: NOTION CAPITAL CRD Number: 301084
Annual Amendment – All Sections Rev. 03/2020
4/23/2020 10:38:35 AM
WARNING: Complete this form truthfully. False statements or omissions may result in denial of your application, revocation of your registration, or criminal prosecution. You must
keep this form updated by filing periodic amendments. See Form ADV General Instruction 4.
Item 1 Identifying Information
Responses to this Item tell us who you are, where you are doing business, and how we can contact you. If you are filing an umbrella registration, the information in Item 1 should be
provided for the filing adviser only. General Instruction 5 provides information to assist you with filing an umbrella registration.
A. Your full legal name (if you are a sole proprietor, your last, first, and middle names):
NOTION CAPITAL MANAGERS LLP
B. (1) Name under which you primarily conduct your advisory business, if different from Item 1.A.
NOTION CAPITAL
List on Section 1.B. of Schedule D any additional names under which you conduct your advisory business.
(2) If you are using this Form ADV to register more than one investment adviser under an umbrella registration, check this box
If you check this box, complete a Schedule R for each relying adviser.
C. If this filing is reporting a change in your legal name (Item 1.A.) or primary business name (Item 1.B.(1)), enter the new name and specify whether the name change is of
your legal name or your primary business name:
D. (1) If you are registered with the SEC as an investment adviser, your SEC file number:
(2) If you report to the SEC as an exempt reporting adviser, your SEC file number: 802-117151
(3) If you have one or more Central Index Key numbers assigned by the SEC (“CIK Numbers”), all of your CIK numbers:
No Information Filed
E. (1) If you have a number (“CRD Number”) assigned by the FINRA’s CRD system or by the IARD system, your CRD number: 301084
If your firm does not have a CRD number, skip this Item 1.E. Do not provide the CRD number of one of your officers, employees, or affiliates.
(2) If you have additional CRD Numbers, your additional CRD numbers:
No Information Filed
F. Principal Office and Place of Business
(1) Address (do not use a P.O. Box):
Number and Street 1:
91 WIMPOLE STREET
Number and Street 2:
City:
LONDON
State: Country:
United Kingdom
ZIP+4/Postal Code:
W1G 0EF
If this address is a private residence, check this box:
List on Section 1.F. of Schedule D any office, other than your principal office and place of business, at which you conduct investment advisory business. If you are applying for
registration, or are registered, with one or more state securities authorities, you must list all of your offices in the state or states to which you are applying for registration or with
whom you are registered. If you are applying for SEC registration, if you are registered only with the SEC, or if you are reporting to the SEC as an exempt reporting adviser, list
the largest twenty-five offices in terms of numbers of employees as of the end of your most recently completed fiscal year.
(2) Days of week that you normally conduct business at your principal office and place of business:
Monday – Friday Other:
Normal business hours at this location:
09:00 – 17:30
(3) Telephone number at this location:
+447919881986
(4) Facsimile number at this location, if any:
(5) What is the total number of offices, other than your principal office and place of business, at which you conduct investment advisory business as of the end of your most
recently completed fiscal year?
0
G. Mailing address, if different from your principal office and place of business address:
Number and Street 1: Number and Street 2:
City: State: Country: ZIP+4/Postal Code:
If this address is a private residence, check this box:
H. If you are a sole proprietor, state your full residence address, if different from your principal office and place of business address in Item 1.F.:
Number and Street 1: Number and Street 2:
City: State: Country: ZIP+4/Postal Code:
Yes No
I. Do you have one or more websites or accounts on publicly available social media platforms (including, but not limited to, Twitter, Facebook and LinkedIn)?
If “yes,” list all firm website addresses and the address for each of the firm’s accounts on publicly available social media platforms on Section 1.I. of Schedule D. If a website
address serves as a portal through which to access other information you have published on the web, you may list the portal without listing addresses for all of the other
information. You may need to list more than one portal address. Do not provide the addresses of websites or accounts on publicly available social media platforms where you do
not control the content. Do not provide the individual electronic mail (e-mail) addresses of employees or the addresses of employee accounts on publicly available social media
platforms.
J. Chief Compliance Officer
(1) Provide the name and contact information of your Chief Compliance Officer. If you are an exempt reporting adviser, you must provide the contact information for your Chief
Compliance Officer, if you have one. If not, you must complete Item 1.K. below.
Name: Other titles, if any:
Telephone number: Facsimile number, if any:
Number and Street 1: Number and Street 2:
City: State: Country: ZIP+4/Postal Code:
Electronic mail (e-mail) address, if Chief Compliance Officer has one:
(2) If your Chief Compliance Officer is compensated or employed by any person other than you, a related person or an investment company registered under the Investment
Company Act of 1940 that you advise for providing chief compliance officer services to you, provide the person’s name and IRS Employer Identification Number (if any):
Name:
IRS Employer Identification Number:
K. Additional Regulatory Contact Person: If a person other than the Chief Compliance Officer is authorized to receive information and respond to questions about this Form ADV, you
may provide that information here.
Name: Titles:
Telephone number: Facsimile number, if any:
Number and Street 1: Number and Street 2:
City: State: Country: ZIP+4/Postal Code:
Electronic mail (e-mail) address, if contact person has one:
Yes No
L. Do you maintain some or all of the books and records you are required to keep under Section 204 of the Advisers Act, or similar state law, somewhere other than your
principal office and place of business?
If “yes,” complete Section 1.L. of Schedule D.
Yes No
M. Are you registered with a foreign financial regulatory authority?
Answer “no” if you are not registered with a foreign financial regulatory authority, even if you have an affiliate that is registered with a foreign financial regulatory authority. If “yes,”
complete Section 1.M. of Schedule D.
Yes No
N. Are you a public reporting company under Sections 12 or 15(d) of the Securities Exchange Act of 1934?
Yes No
O. Did you have $1 billion or more in assets on the last day of your most recent fiscal year?
If yes, what is the approximate amount of your assets:
$1 billion to less than $10 billion
$10 billion to less than $50 billion
$50 billion or more
For purposes of Item 1.O. only, “assets” refers to your total assets, rather than the assets you manage on behalf of clients. Determine your total assets using the total assets shown
on the balance sheet for your most recent fiscal year end.
P. Provide your Legal Entity Identifier if you have one:
A legal entity identifier is a unique number that companies use to identify each other in the financial marketplace. You may not have a legal entity identifier.
SECTION 1.B. Other Business Names
No Information Filed
SECTION 1.F. Other Offices
No Information Filed
SECTION 1.I. Website Addresses
List your website addresses, including addresses for accounts on publicly available social media platforms where you control the content (including, but not limited to, Twitter,
Facebook and/or LinkedIn). You must complete a separate Schedule D Section 1.I. for each website or account on a publicly available social media platform.
Address of Website/Account on Publicly Available Social Media Platform: https://notion.vc/
SECTION 1.L. Location of Books and Records
No Information Filed
SECTION 1.M. Registration with Foreign Financial Regulatory Authorities
List the name and country, in English, of each foreign financial regulatory authority with which you are registered. You must complete a separate Schedule D Section 1.M. for each
foreign financial regulatory authority with whom you are registered.
Name of Country/Foreign Financial Regulatory Authority:
United Kingdom – Financial Conduct Authority
Other:
Item 2 SEC Registration/Reporting
SEC Reporting by Exempt Reporting Advisers
B. Complete this Item 2.B. only if you are reporting to the SEC as an exempt reporting adviser. Check all that apply. You:
(1) qualify for the exemption from registration as an adviser solely to one or more venture capital funds, as defined in rule 203(l)-1;
(2) qualify for the exemption from registration because you act solely as an adviser to private funds and have assets under management, as defined in rule 203(m)-1, in the
United States of less than $150 million;
(3) act solely as an adviser to private funds but you are no longer eligible to check box 2.B.(2) because you have assets under management, as defined in rule 203(m)-1, in
the United States of $150 million or more.
If you check box (2) or (3), complete Section 2.B. of Schedule D.
SECTION 2.B. Private Fund Assets
If you check Item 2.B.(2) or (3), what is the amount of the private fund assets that you manage? $ 321002333
NOTE: “Private fund assets” has the same meaning here as it has under rule 203(m)-1. If you are an investment adviser with its principal office and place of business outside the
United States only include private fund assets that you manage at a place of business in the United States.
Item 3 Form of Organization
If you are filing an umbrella registration, the information in Item 3 should be provided for the filing adviser only.
A. How are you organized?
Corporation
Sole Proprietorship
Limited Liability Partnership (LLP)
Partnership
Limited Liability Company (LLC)
Limited Partnership (LP)
Other (specify):
If you are changing your response to this Item, see Part 1A Instruction 4.
B. In what month does your fiscal year end each year?
MARCH
C. Under the laws of what state or country are you organized?
State Country
United Kingdom
If you are a partnership, provide the name of the state or country under whose laws your partnership was formed. If you are a sole proprietor, provide the name of the state or
country where you reside.
If you are changing your response to this Item, see Part 1A Instruction 4.
Item 6 Other Business Activities
In this Item, we request information about your firm’s other business activities.
A. You are actively engaged in business as a (check all that apply):
(1) broker-dealer (registered or unregistered)
(2) registered representative of a broker-dealer
(3) commodity pool operator or commodity trading advisor (whether registered or exempt from registration)
(4) futures commission merchant
(5) real estate broker, dealer, or agent
(6) insurance broker or agent
(7) bank (including a separately identifiable department or division of a bank)
(8) trust company
(9) registered municipal advisor
(10) registered security-based swap dealer
(11) major security-based swap participant
(12) accountant or accounting firm
(13) lawyer or law firm
(14) other financial product salesperson (specify):
If you engage in other business using a name that is different from the names reported in Items 1.A. or 1.B.(1), complete Section 6.A. of Schedule D.
Yes No
B. (1) Are you actively engaged in any other business not listed in Item 6.A. (other than giving investment advice)?
(2) If yes, is this other business your primary business?
If “yes,” describe this other business on Section 6.B.(2) of Schedule D, and if you engage in this business under a different name, provide that name.
Yes No
(3) Do you sell products or provide services other than investment advice to your advisory clients?
If “yes,” describe this other business on Section 6.B.(3) of Schedule D, and if you engage in this business under a different name, provide that name.
SECTION 6.A. Names of Your Other Businesses
No Information Filed
SECTION 6.B.(2) Description of Primary Business
Describe your primary business (not your investment advisory business):
If you engage in that business under a different name, provide that name:
SECTION 6.B.(3) Description of Other Products and Services
Describe other products or services you sell to your client. You may omit products and services that you listed in Section 6.B.(2) above.
If you engage in that business under a different name, provide that name:
Item 7 Financial Industry Affiliations
In this Item, we request information about your financial industry affiliations and activities. This information identifies areas in which conflicts of interest may occur between you and
your clients.
A. This part of Item 7 requires you to provide information about you and your related persons, including foreign affiliates. Your related persons are all of your advisory affiliates and any
person that is under common control with you.
You have a related person that is a (check all that apply):
(1) broker-dealer, municipal securities dealer, or government securities broker or dealer (registered or unregistered)
(2) other investment adviser (including financial planners)
(3) registered municipal advisor
(4) registered security-based swap dealer
(5) major security-based swap participant
(6) commodity pool operator or commodity trading advisor (whether registered or exempt from registration)
(7) futures commission merchant
(8) banking or thrift institution
(9) trust company
(10) accountant or accounting firm
(11) lawyer or law firm
(12) insurance company or agency
(13) pension consultant
(14) real estate broker or dealer
(15) sponsor or syndicator of limited partnerships (or equivalent), excluding pooled investment vehicles
(16) sponsor, general partner, managing member (or equivalent) of pooled investment vehicles
Note that Item 7.A. should not be used to disclose that some of your employees perform investment advisory functions or are registered representatives of a broker-dealer. The
number of your firm’s employees who perform investment advisory functions should be disclosed under Item 5.B.(1). The number of your firm’s employees who are registered
representatives of a broker-dealer should be disclosed under Item 5.B.(2).
Note that if you are filing an umbrella registration, you should not check Item 7.A.(2) with respect to your relying advisers, and you do not have to complete Section 7.A. in
Schedule D for your relying advisers. You should complete a Schedule R for each relying adviser.
For each related person, including foreign affiliates that may not be registered or required to be registered in the United States, complete Section 7.A. of Schedule D.
You do not need to complete Section 7.A. of Schedule D for any related person if: (1) you have no business dealings with the related person in connection with advisory services
you provide to your clients; (2) you do not conduct shared operations with the related person; (3) you do not refer clients or business to the related person, and the related person
does not refer prospective clients or business to you; (4) you do not share supervised persons or premises with the related person; and (5) you have no reason to believe that
your relationship with the related person otherwise creates a conflict of interest with your clients.
You must complete Section 7.A. of Schedule D for each related person acting as qualified custodian in connection with advisory services you provide to your clients (other than
any mutual fund transfer agent pursuant to rule 206(4)-2(b)(1)), regardless of whether you have determined the related person to be operationally independent under rule
206(4)-2 of the Advisers Act.
SECTION 7.A. Financial Industry Affiliations
No Information Filed
Item 7 Private Fund Reporting
Yes No
B. Are you an adviser to any private fund?
If “yes,” then for each private fund that you advise, you must complete a Section 7.B.(1) of Schedule D, except in certain circumstances described in the next sentence and in
Instruction 6 of the Instructions to Part 1A. If you are registered or applying for registration with the SEC or reporting as an SEC exempt reporting adviser, and another SEC-registered
adviser or SEC exempt reporting adviser reports this information with respect to any such private fund in Section 7.B.(1) of Schedule D of its Form ADV (e.g., if you are a subadviser),
do not complete Section 7.B.(1) of Schedule D with respect to that private fund. You must, instead, complete Section 7.B.(2) of Schedule D.
In either case, if you seek to preserve the anonymity of a private fund client by maintaining its identity in your books and records in numerical or alphabetical code, or similar
designation, pursuant to rule 204-2(d), you may identify the private fund in Section 7.B.(1) or 7.B.(2) of Schedule D using the same code or designation in place of the fund’s name.
SECTION 7.B.(1) Private Fund Reporting
A. PRIVATE FUND
Information About the Private Fund

  1. (a) Name of the private fund:
    NOTION CAPITAL 2 LP
    (b) Private fund identification number:
    (include the “805-” prefix also)
    805-6271914669
  2. Under the laws of what state or country is the private fund organized:
    State: Country:
    United Kingdom
  3. (a) Name(s) of General Partner, Manager, Trustee, or Directors (or persons serving in a similar capacity):
    Name of General Partner, Manager, Trustee, or Director
    NOTION CAPITAL MANAGERS LLP
    (b) If filing an umbrella registration, identify the filing adviser and/or relying adviser(s) that sponsor(s) or manage(s) this private fund.
    No Information Filed
  4. The private fund (check all that apply; you must check at least one):
    (1) qualifies for the exclusion from the definition of investment company under section 3(c)(1) of the Investment Company Act of 1940
    (2) qualifies for the exclusion from the definition of investment company under section 3(c)(7) of the Investment Company Act of 1940
  5. List the name and country, in English, of each foreign financial regulatory authority with which the private fund is registered.
    No Information Filed
    Yes No
  6. (a) Is this a “master fund” in a master-feeder arrangement?
    (b) If yes, what is the name and private fund identification number (if any) of the feeder funds investing in this private fund?
    No Information Filed
    Yes No
    (c) Is this a “feeder fund” in a master-feeder arrangement?
    (d) If yes, what is the name and private fund identification number (if any) of the master fund in which this private fund invests?
    Name of private fund:
    Private fund identification number:
    (include the “805-” prefix also)
    NOTE: You must complete question 6 for each master-feeder arrangement regardless of whether you are filing a single Schedule D, Section 7.B.(1) for the master-feeder
    arrangement or reporting on the funds separately.
  7. If you are filing a single Schedule D, Section 7.B.(1) for a master-feeder arrangement according to the instructions to this Section 7.B.(1), for each of the feeder funds answer
    the following questions:
    No Information Filed
    NOTE: For purposes of questions 6 and 7, in a master-feeder arrangement, one or more funds (“feeder funds”) invest all or substantially all of their assets in a single fund
    (“master fund”). A fund would also be a “feeder fund” investing in a “master fund” for purposes of this question if it issued multiple classes (or series) of shares or interests,
    and each class (or series) invests substantially all of its assets in a single master fund.
    Yes No
  8. (a) Is this private fund a “fund of funds”?
    NOTE: For purposes of this question only, answer “yes” if the fund invests 10 percent or more of its total assets in other pooled investment vehicles, regardless of whether
    they are also private funds or registered investment companies.
    (b) If yes, does the private fund invest in funds managed by you or by a related person?
    Yes No
  9. During your last fiscal year, did the private fund invest in securities issued by investment companies registered under the Investment Company Act of 1940 (other
    than “money market funds,” to the extent provided in Instruction 6.e.)?
  10. What type of fund is the private fund?
    hedge fund liquidity fund private equity fund real estate fund securitized asset fund venture capital fund Other private fund:
    NOTE: For definitions of these fund types, please see Instruction 6 of the Instructions to Part 1A.
  11. Current gross asset value of the private fund:
    $ 79,829,349
    Ownership
  12. Minimum investment commitment required of an investor in the private fund:
    $ 1
    NOTE: Report the amount routinely required of investors who are not your related persons (even if different from the amount set forth in the organizational documents of the
    fund).
  13. Approximate number of the private fund’s beneficial owners:
    45
  14. What is the approximate percentage of the private fund beneficially owned by you and your related persons:
    6%
  15. (a) What is the approximate percentage of the private fund beneficially owned (in the aggregate) by funds of funds:
    77%
    Yes No
    (b) If the private fund qualifies for the exclusion from the definition of investment company under section 3(c)(1) of the Investment Company Act of 1940, are sales
    of the fund limited to qualified clients?
  16. What is the approximate percentage of the private fund beneficially owned by non-United States persons:
    100%
    Your Advisory Services
    Yes No
  17. (a) Are you a subadviser to this private fund?
    (b) If the answer to question 17.(a) is “yes,” provide the name and SEC file number, if any, of the adviser of the private fund. If the answer to question 17.(a) is “no,” leave this
    question blank.
    No Information Filed
    Yes No
  18. (a) Do any investment advisers (other than the investment advisers listed in Section 7.B.(1).A.3.(b)) advise the private fund?
    (b) If the answer to question 18.(a) is “yes,” provide the name and SEC file number, if any, of the other advisers to the private fund. If the answer to question 18.(a) is “no,”
    leave this question blank.
    No Information Filed
    Yes No
  19. Are your clients solicited to invest in the private fund?
    NOTE: For purposes of this question, do not consider feeder funds of the private fund.
  20. Approximately what percentage of your clients has invested in the private fund?
    100%
    Private Offering
    Yes No
  21. Has the private fund ever relied on an exemption from registration of its securities under Regulation D of the Securities Act of 1933?
  22. If yes, provide the private fund’s Form D file number (if any):
    No Information Filed
    B. SERVICE PROVIDERS
    Auditors
    Yes No
  23. (a) (1) Are the private fund’s financial statements subject to an annual audit?
    (2) If the answer to question 23.(a)(1) is “yes,” are the financial statements prepared in accordance with U.S. GAAP?
    If the answer to question 23.(a)(1) is “yes,” respond to questions (b) through (h) below. If the private fund uses more than one auditing firm, you must complete
    questions (b) through (f) separately for each auditing firm.
    Additional Auditor Information : 1 Record(s) Filed.
    If the answer to question 23.(a)(1) is “yes,” respond to questions (b) through (h) below. If the private fund uses more than one auditing firm, you must complete
    questions (b) through (f) separately for each auditing firm.
    (b) Name of the auditing firm:
    BDO
    (c) The location of the auditing firm’s office responsible for the private fund’s audit (city, state and country):
    City:
    BRISTOL
    State: Country:
    United Kingdom
    Yes No
    (d) Is the auditing firm an independent public accountant?
    (e) Is the auditing firm registered with the Public Company Accounting Oversight Board?
    If yes, Public Company Accounting Oversight Board-Assigned Number:
    (f) If “yes” to (e) above, is the auditing firm subject to regular inspection by the Public Company Accounting Oversight Board in accordance with its rules?
    Yes No
    (g) Are the private fund’s audited financial statements for the most recently completed fiscal year distributed to the private fund’s investors?
    (h) Do all of the reports prepared by the auditing firm for the private fund since your last annual updating amendment contain unqualified opinions?
    Yes No Report Not Yet Received
    If you check “Report Not Yet Received,” you must promptly file an amendment to your Form ADV to update your response when the report is available.
    Prime Broker
    Yes No
  24. (a) Does the private fund use one or more prime brokers?
    If the answer to question 24.(a) is “yes,” respond to questions (b) through (e) below for each prime broker the private fund uses. If the private fund uses more than one
    prime broker, you must complete questions (b) through (e) separately for each prime broker.
    No Information Filed
    Custodian
    Yes No
  25. (a) Does the private fund use any custodians (including the prime brokers listed above) to hold some or all of its assets?
    If the answer to question 25.(a) is “yes,” respond to questions (b) through (g) below for each custodian the private fund uses. If the private fund uses more than one
    custodian, you must complete questions (b) through (g) separately for each custodian.
    No Information Filed
    Administrator
    Yes No
  26. (a) Does the private fund use an administrator other than your firm?
    If the answer to question 26.(a) is “yes,” respond to questions (b) through (f) below. If the private fund uses more than one administrator, you must complete questions
    (b) through (f) separately for each administrator.
    Additional Administrator Information : 1 Record(s) Filed.
    If the answer to question 26.(a) is “yes,” respond to questions (b) through (f) below. If the private fund uses more than one administrator, you must complete
    questions (b) through (f) separately for each administrator.
    (b) Name of administrator:
    LANGHAM HALL
    (c) Location of administrator (city, state and country):
    City:
    LONDON
    State: Country:
    United Kingdom
    Yes No
    (d) Is the administrator a related person of your firm?
    (e) Does the administrator prepare and send investor account statements to the private fund’s investors?
    Yes (provided to all investors) Some (provided to some but not all investors) No (provided to no investors)
    (f) If the answer to question 26.(e) is “no” or “some,” who sends the investor account statements to the (rest of the) private fund’s investors? If investor account
    statements are not sent to the (rest of the) private fund’s investors, respond “not applicable.”
  27. During your last fiscal year, what percentage of the private fund’s assets (by value) was valued by a person, such as an administrator, that is not your related person?
    0%
    Include only those assets where (i) such person carried out the valuation procedure established for that asset, if any, including obtaining any relevant quotes, and (ii) the
    valuation used for purposes of investor subscriptions, redemptions or distributions, and fee calculations (including allocations) was the valuation determined by such
    person.
    Marketers
    Yes No
  28. (a) Does the private fund use the services of someone other than you or your employees for marketing purposes?
    You must answer “yes” whether the person acts as a placement agent, consultant, finder, introducer, municipal advisor or other solicitor, or similar person. If the answer
    to question 28.(a) is “yes,” respond to questions (b) through (g) below for each such marketer the private fund uses. If the private fund uses more than one marketer you
    must complete questions (b) through (g) separately for each marketer.
    No Information Filed
    A. PRIVATE FUND
    Information About the Private Fund
  29. (a) Name of the private fund:
    NOTION CAPITAL III LP
    (b) Private fund identification number:
    (include the “805-” prefix also)
    805-7804679333
  30. Under the laws of what state or country is the private fund organized:
    State: Country:
    United Kingdom
  31. (a) Name(s) of General Partner, Manager, Trustee, or Directors (or persons serving in a similar capacity):
    Name of General Partner, Manager, Trustee, or Director
    NOTION CAPITAL MANAGERS LLP
    (b) If filing an umbrella registration, identify the filing adviser and/or relying adviser(s) that sponsor(s) or manage(s) this private fund.
    No Information Filed
  32. The private fund (check all that apply; you must check at least one):
    (1) qualifies for the exclusion from the definition of investment company under section 3(c)(1) of the Investment Company Act of 1940
    (2) qualifies for the exclusion from the definition of investment company under section 3(c)(7) of the Investment Company Act of 1940
  33. List the name and country, in English, of each foreign financial regulatory authority with which the private fund is registered.
    No Information Filed
    Yes No
  34. (a) Is this a “master fund” in a master-feeder arrangement?
    (b) If yes, what is the name and private fund identification number (if any) of the feeder funds investing in this private fund?
    No Information Filed
    Yes No
    (c) Is this a “feeder fund” in a master-feeder arrangement?
    (d) If yes, what is the name and private fund identification number (if any) of the master fund in which this private fund invests?
    Name of private fund:
    Private fund identification number:
    (include the “805-” prefix also)
    NOTE: You must complete question 6 for each master-feeder arrangement regardless of whether you are filing a single Schedule D, Section 7.B.(1) for the master-feeder
    arrangement or reporting on the funds separately.
  35. If you are filing a single Schedule D, Section 7.B.(1) for a master-feeder arrangement according to the instructions to this Section 7.B.(1), for each of the feeder funds answer
    the following questions:
    No Information Filed
    NOTE: For purposes of questions 6 and 7, in a master-feeder arrangement, one or more funds (“feeder funds”) invest all or substantially all of their assets in a single fund
    (“master fund”). A fund would also be a “feeder fund” investing in a “master fund” for purposes of this question if it issued multiple classes (or series) of shares or interests,
    and each class (or series) invests substantially all of its assets in a single master fund.
    Yes No
  36. (a) Is this private fund a “fund of funds”?
    NOTE: For purposes of this question only, answer “yes” if the fund invests 10 percent or more of its total assets in other pooled investment vehicles, regardless of whether
    they are also private funds or registered investment companies.
    (b) If yes, does the private fund invest in funds managed by you or by a related person?
    Yes No
  37. During your last fiscal year, did the private fund invest in securities issued by investment companies registered under the Investment Company Act of 1940 (other
    than “money market funds,” to the extent provided in Instruction 6.e.)?
  38. What type of fund is the private fund?
    hedge fund liquidity fund private equity fund real estate fund securitized asset fund venture capital fund Other private fund:
    NOTE: For definitions of these fund types, please see Instruction 6 of the Instructions to Part 1A.
  39. Current gross asset value of the private fund:
    $ 139,161,309
    Ownership
  40. Minimum investment commitment required of an investor in the private fund:
    $ 1
    NOTE: Report the amount routinely required of investors who are not your related persons (even if different from the amount set forth in the organizational documents of the
    fund).
  41. Approximate number of the private fund’s beneficial owners:
    37
  42. What is the approximate percentage of the private fund beneficially owned by you and your related persons:
    5%
  43. (a) What is the approximate percentage of the private fund beneficially owned (in the aggregate) by funds of funds:
    2%
    Yes No
    (b) If the private fund qualifies for the exclusion from the definition of investment company under section 3(c)(1) of the Investment Company Act of 1940, are sales
    of the fund limited to qualified clients?
  44. What is the approximate percentage of the private fund beneficially owned by non-United States persons:
    86%
    Your Advisory Services
    Yes No
  45. (a) Are you a subadviser to this private fund?
    (b) If the answer to question 17.(a) is “yes,” provide the name and SEC file number, if any, of the adviser of the private fund. If the answer to question 17.(a) is “no,” leave this
    question blank.
    No Information Filed
    Yes No
  46. (a) Do any investment advisers (other than the investment advisers listed in Section 7.B.(1).A.3.(b)) advise the private fund?
    (b) If the answer to question 18.(a) is “yes,” provide the name and SEC file number, if any, of the other advisers to the private fund. If the answer to question 18.(a) is “no,”
    leave this question blank.
    No Information Filed
    Yes No
  47. Are your clients solicited to invest in the private fund?
    NOTE: For purposes of this question, do not consider feeder funds of the private fund.
  48. Approximately what percentage of your clients has invested in the private fund?
    100%
    Private Offering
    Yes No
  49. Has the private fund ever relied on an exemption from registration of its securities under Regulation D of the Securities Act of 1933?
  50. If yes, provide the private fund’s Form D file number (if any):
    No Information Filed
    B. SERVICE PROVIDERS
    Auditors
    Yes No
  51. (a) (1) Are the private fund’s financial statements subject to an annual audit?
    (2) If the answer to question 23.(a)(1) is “yes,” are the financial statements prepared in accordance with U.S. GAAP?
    If the answer to question 23.(a)(1) is “yes,” respond to questions (b) through (h) below. If the private fund uses more than one auditing firm, you must complete
    questions (b) through (f) separately for each auditing firm.
    Additional Auditor Information : 1 Record(s) Filed.
    If the answer to question 23.(a)(1) is “yes,” respond to questions (b) through (h) below. If the private fund uses more than one auditing firm, you must complete
    questions (b) through (f) separately for each auditing firm.
    (b) Name of the auditing firm:
    BDO
    (c) The location of the auditing firm’s office responsible for the private fund’s audit (city, state and country):
    City:
    BRISTOL
    State: Country:
    United Kingdom
    Yes No
    (d) Is the auditing firm an independent public accountant?
    (e) Is the auditing firm registered with the Public Company Accounting Oversight Board?
    If yes, Public Company Accounting Oversight Board-Assigned Number:
    (f) If “yes” to (e) above, is the auditing firm subject to regular inspection by the Public Company Accounting Oversight Board in accordance with its rules?
    Yes No
    (g) Are the private fund’s audited financial statements for the most recently completed fiscal year distributed to the private fund’s investors?
    (h) Do all of the reports prepared by the auditing firm for the private fund since your last annual updating amendment contain unqualified opinions?
    Yes No Report Not Yet Received
    If you check “Report Not Yet Received,” you must promptly file an amendment to your Form ADV to update your response when the report is available.
    Prime Broker
    Yes No
  52. (a) Does the private fund use one or more prime brokers?
    If the answer to question 24.(a) is “yes,” respond to questions (b) through (e) below for each prime broker the private fund uses. If the private fund uses more than one
    prime broker, you must complete questions (b) through (e) separately for each prime broker.
    No Information Filed
    Custodian
    Yes No
  53. (a) Does the private fund use any custodians (including the prime brokers listed above) to hold some or all of its assets?
    If the answer to question 25.(a) is “yes,” respond to questions (b) through (g) below for each custodian the private fund uses. If the private fund uses more than one
    custodian, you must complete questions (b) through (g) separately for each custodian.
    No Information Filed
    Administrator
    Yes No
  54. (a) Does the private fund use an administrator other than your firm?
    If the answer to question 26.(a) is “yes,” respond to questions (b) through (f) below. If the private fund uses more than one administrator, you must complete questions
    (b) through (f) separately for each administrator.
    Additional Administrator Information : 1 Record(s) Filed.
    If the answer to question 26.(a) is “yes,” respond to questions (b) through (f) below. If the private fund uses more than one administrator, you must complete
    questions (b) through (f) separately for each administrator.
    (b) Name of administrator:
    LANGHAM HALL
    (c) Location of administrator (city, state and country):
    City:
    LONDON
    State: Country:
    United Kingdom
    Yes No
    (d) Is the administrator a related person of your firm?
    (e) Does the administrator prepare and send investor account statements to the private fund’s investors?
    Yes (provided to all investors) Some (provided to some but not all investors) No (provided to no investors)
    (f) If the answer to question 26.(e) is “no” or “some,” who sends the investor account statements to the (rest of the) private fund’s investors? If investor account
    statements are not sent to the (rest of the) private fund’s investors, respond “not applicable.”
  55. During your last fiscal year, what percentage of the private fund’s assets (by value) was valued by a person, such as an administrator, that is not your related person?
    0%
    Include only those assets where (i) such person carried out the valuation procedure established for that asset, if any, including obtaining any relevant quotes, and (ii) the
    valuation used for purposes of investor subscriptions, redemptions or distributions, and fee calculations (including allocations) was the valuation determined by such
    person.
    Marketers
    Yes No
  56. (a) Does the private fund use the services of someone other than you or your employees for marketing purposes?
    You must answer “yes” whether the person acts as a placement agent, consultant, finder, introducer, municipal advisor or other solicitor, or similar person. If the answer
    to question 28.(a) is “yes,” respond to questions (b) through (g) below for each such marketer the private fund uses. If the private fund uses more than one marketer you
    must complete questions (b) through (g) separately for each marketer.
    No Information Filed
    A. PRIVATE FUND
    Information About the Private Fund
  57. (a) Name of the private fund:
    NOTION CAPITAL IV LP
    (b) Private fund identification number:
    (include the “805-” prefix also)
    805-2167470483
  58. Under the laws of what state or country is the private fund organized:
    State: Country:
    United Kingdom
  59. (a) Name(s) of General Partner, Manager, Trustee, or Directors (or persons serving in a similar capacity):
    Name of General Partner, Manager, Trustee, or Director
    NOTION CAPITAL MANAGERS LLP
    (b) If filing an umbrella registration, identify the filing adviser and/or relying adviser(s) that sponsor(s) or manage(s) this private fund.
    No Information Filed
  60. The private fund (check all that apply; you must check at least one):
    (1) qualifies for the exclusion from the definition of investment company under section 3(c)(1) of the Investment Company Act of 1940
    (2) qualifies for the exclusion from the definition of investment company under section 3(c)(7) of the Investment Company Act of 1940
  61. List the name and country, in English, of each foreign financial regulatory authority with which the private fund is registered.
    No Information Filed
    Yes No
  62. (a) Is this a “master fund” in a master-feeder arrangement?
    (b) If yes, what is the name and private fund identification number (if any) of the feeder funds investing in this private fund?
    No Information Filed
    Yes No
    (c) Is this a “feeder fund” in a master-feeder arrangement?
    (d) If yes, what is the name and private fund identification number (if any) of the master fund in which this private fund invests?
    Name of private fund:
    Private fund identification number:
    (include the “805-” prefix also)
    NOTE: You must complete question 6 for each master-feeder arrangement regardless of whether you are filing a single Schedule D, Section 7.B.(1) for the master-feeder
    arrangement or reporting on the funds separately.
  63. If you are filing a single Schedule D, Section 7.B.(1) for a master-feeder arrangement according to the instructions to this Section 7.B.(1), for each of the feeder funds answer
    the following questions:
    No Information Filed
    NOTE: For purposes of questions 6 and 7, in a master-feeder arrangement, one or more funds (“feeder funds”) invest all or substantially all of their assets in a single fund
    (“master fund”). A fund would also be a “feeder fund” investing in a “master fund” for purposes of this question if it issued multiple classes (or series) of shares or interests,
    and each class (or series) invests substantially all of its assets in a single master fund.
    Yes No
  64. (a) Is this private fund a “fund of funds”?
    NOTE: For purposes of this question only, answer “yes” if the fund invests 10 percent or more of its total assets in other pooled investment vehicles, regardless of whether
    they are also private funds or registered investment companies.
    (b) If yes, does the private fund invest in funds managed by you or by a related person?
    Yes No
  65. During your last fiscal year, did the private fund invest in securities issued by investment companies registered under the Investment Company Act of 1940 (other
    than “money market funds,” to the extent provided in Instruction 6.e.)?
  66. What type of fund is the private fund?
    hedge fund liquidity fund private equity fund real estate fund securitized asset fund venture capital fund Other private fund:
    NOTE: For definitions of these fund types, please see Instruction 6 of the Instructions to Part 1A.
  67. Current gross asset value of the private fund:
    $ 10,024,984
    Ownership
  68. Minimum investment commitment required of an investor in the private fund:
    $ 100,000
    NOTE: Report the amount routinely required of investors who are not your related persons (even if different from the amount set forth in the organizational documents of the
    fund).
  69. Approximate number of the private fund’s beneficial owners:
    24
  70. What is the approximate percentage of the private fund beneficially owned by you and your related persons:
    3%
  71. (a) What is the approximate percentage of the private fund beneficially owned (in the aggregate) by funds of funds:
    62%
    Yes No
    (b) If the private fund qualifies for the exclusion from the definition of investment company under section 3(c)(1) of the Investment Company Act of 1940, are sales
    of the fund limited to qualified clients?
  72. What is the approximate percentage of the private fund beneficially owned by non-United States persons:
    84%
    Your Advisory Services
    Yes No
  73. (a) Are you a subadviser to this private fund?
    (b) If the answer to question 17.(a) is “yes,” provide the name and SEC file number, if any, of the adviser of the private fund. If the answer to question 17.(a) is “no,” leave this
    question blank.
    No Information Filed
    Yes No
  74. (a) Do any investment advisers (other than the investment advisers listed in Section 7.B.(1).A.3.(b)) advise the private fund?
    (b) If the answer to question 18.(a) is “yes,” provide the name and SEC file number, if any, of the other advisers to the private fund. If the answer to question 18.(a) is “no,”
    leave this question blank.
    No Information Filed
    Yes No
  75. Are your clients solicited to invest in the private fund?
    NOTE: For purposes of this question, do not consider feeder funds of the private fund.
  76. Approximately what percentage of your clients has invested in the private fund?
    100%
    Private Offering
    Yes No
  77. Has the private fund ever relied on an exemption from registration of its securities under Regulation D of the Securities Act of 1933?
  78. If yes, provide the private fund’s Form D file number (if any):
    No Information Filed
    B. SERVICE PROVIDERS
    Auditors
    Yes No
  79. (a) (1) Are the private fund’s financial statements subject to an annual audit?
    (2) If the answer to question 23.(a)(1) is “yes,” are the financial statements prepared in accordance with U.S. GAAP?
    If the answer to question 23.(a)(1) is “yes,” respond to questions (b) through (h) below. If the private fund uses more than one auditing firm, you must complete
    questions (b) through (f) separately for each auditing firm.
    Additional Auditor Information : 1 Record(s) Filed.
    If the answer to question 23.(a)(1) is “yes,” respond to questions (b) through (h) below. If the private fund uses more than one auditing firm, you must complete
    questions (b) through (f) separately for each auditing firm.
    (b) Name of the auditing firm:
    BDO
    (c) The location of the auditing firm’s office responsible for the private fund’s audit (city, state and country):
    City:
    BRISTOL
    State: Country:
    United Kingdom
    Yes No
    (d) Is the auditing firm an independent public accountant?
    (e) Is the auditing firm registered with the Public Company Accounting Oversight Board?
    If yes, Public Company Accounting Oversight Board-Assigned Number:
    (f) If “yes” to (e) above, is the auditing firm subject to regular inspection by the Public Company Accounting Oversight Board in accordance with its rules?
    Yes No
    (g) Are the private fund’s audited financial statements for the most recently completed fiscal year distributed to the private fund’s investors?
    (h) Do all of the reports prepared by the auditing firm for the private fund since your last annual updating amendment contain unqualified opinions?
    Yes No Report Not Yet Received
    If you check “Report Not Yet Received,” you must promptly file an amendment to your Form ADV to update your response when the report is available.
    Prime Broker
    Yes No
  80. (a) Does the private fund use one or more prime brokers?
    If the answer to question 24.(a) is “yes,” respond to questions (b) through (e) below for each prime broker the private fund uses. If the private fund uses more than one
    prime broker, you must complete questions (b) through (e) separately for each prime broker.
    No Information Filed
    Custodian
    Yes No
  81. (a) Does the private fund use any custodians (including the prime brokers listed above) to hold some or all of its assets?
    If the answer to question 25.(a) is “yes,” respond to questions (b) through (g) below for each custodian the private fund uses. If the private fund uses more than one
    custodian, you must complete questions (b) through (g) separately for each custodian.
    No Information Filed
    Administrator
    Yes No
  82. (a) Does the private fund use an administrator other than your firm?
    If the answer to question 26.(a) is “yes,” respond to questions (b) through (f) below. If the private fund uses more than one administrator, you must complete questions
    (b) through (f) separately for each administrator.
    Additional Administrator Information : 1 Record(s) Filed.
    If the answer to question 26.(a) is “yes,” respond to questions (b) through (f) below. If the private fund uses more than one administrator, you must complete
    questions (b) through (f) separately for each administrator.
    (b) Name of administrator:
    LANGHAM HALL
    (c) Location of administrator (city, state and country):
    City:
    LONDON
    State: Country:
    United Kingdom
    Yes No
    (d) Is the administrator a related person of your firm?
    (e) Does the administrator prepare and send investor account statements to the private fund’s investors?
    Yes (provided to all investors) Some (provided to some but not all investors) No (provided to no investors)
    (f) If the answer to question 26.(e) is “no” or “some,” who sends the investor account statements to the (rest of the) private fund’s investors? If investor account
    statements are not sent to the (rest of the) private fund’s investors, respond “not applicable.”
  83. During your last fiscal year, what percentage of the private fund’s assets (by value) was valued by a person, such as an administrator, that is not your related person?
    0%
    Include only those assets where (i) such person carried out the valuation procedure established for that asset, if any, including obtaining any relevant quotes, and (ii) the
    valuation used for purposes of investor subscriptions, redemptions or distributions, and fee calculations (including allocations) was the valuation determined by such
    person.
    Marketers
    Yes No
  84. (a) Does the private fund use the services of someone other than you or your employees for marketing purposes?
    You must answer “yes” whether the person acts as a placement agent, consultant, finder, introducer, municipal advisor or other solicitor, or similar person. If the answer
    to question 28.(a) is “yes,” respond to questions (b) through (g) below for each such marketer the private fund uses. If the private fund uses more than one marketer you
    must complete questions (b) through (g) separately for each marketer.
    Additional Marketer Information : 4 Record(s) Filed.
    You must answer “yes” whether the person acts as a placement agent, consultant, finder, introducer, municipal advisor or other solicitor, or similar person. If the
    answer to question 28.(a) is “yes,” respond to questions (b) through (g) below for each such marketer the private fund uses. If the private fund uses more than
    one marketer, you must complete questions (b) through (g) separately for each marketer.
    Yes No
    (b) Is the marketer a related person of your firm?
    (c) Name of the marketer:
    FIONA BALCH

(d) If the marketer is registered with the SEC, its file number (e.g., 801-, 8-, or 866-):

and CRD Number (if any):
(e) Location of the marketer’s office used principally by the private fund (city, state and country):
City:
LONDON
State: Country:
United Kingdom
Yes No
(f) Does the marketer market the private fund through one or more websites?
(g) If the answer to question 28.(f) is “yes,” list the website address(es):
No Information Filed
You must answer “yes” whether the person acts as a placement agent, consultant, finder, introducer, municipal advisor or other solicitor, or similar person. If the
answer to question 28.(a) is “yes,” respond to questions (b) through (g) below for each such marketer the private fund uses. If the private fund uses more than
one marketer, you must complete questions (b) through (g) separately for each marketer.
Yes No
(b) Is the marketer a related person of your firm?
(c) Name of the marketer:
FIRST AVENUE
(d) If the marketer is registered with the SEC, its file number (e.g., 801-, 8-, or 866-):
8 – 67758
and CRD Number (if any):
145860
(e) Location of the marketer’s office used principally by the private fund (city, state and country):
City:
NEW YORK
State:
New York
Country:
United States
Yes No
(f) Does the marketer market the private fund through one or more websites?
(g) If the answer to question 28.(f) is “yes,” list the website address(es):
No Information Filed
You must answer “yes” whether the person acts as a placement agent, consultant, finder, introducer, municipal advisor or other solicitor, or similar person. If the
answer to question 28.(a) is “yes,” respond to questions (b) through (g) below for each such marketer the private fund uses. If the private fund uses more than
one marketer, you must complete questions (b) through (g) separately for each marketer.
Yes No
(b) Is the marketer a related person of your firm?
(c) Name of the marketer:
FRONTIER SOLUTIONS, LLC
(d) If the marketer is registered with the SEC, its file number (e.g., 801-, 8-, or 866-):
8 – 66972
and CRD Number (if any):
136102
(e) Location of the marketer’s office used principally by the private fund (city, state and country):
City:
RICHMOND
State:
Virginia
Country:
United States
Yes No
(f) Does the marketer market the private fund through one or more websites?
(g) If the answer to question 28.(f) is “yes,” list the website address(es):
No Information Filed
You must answer “yes” whether the person acts as a placement agent, consultant, finder, introducer, municipal advisor or other solicitor, or similar person. If the
answer to question 28.(a) is “yes,” respond to questions (b) through (g) below for each such marketer the private fund uses. If the private fund uses more than
one marketer, you must complete questions (b) through (g) separately for each marketer.
Yes No
(b) Is the marketer a related person of your firm?
(c) Name of the marketer:
JOHN R. FRITSCH AND WILLIAM T. FRITSCH- PARTNERSHIP
(d) If the marketer is registered with the SEC, its file number (e.g., 801-, 8-, or 866-):
8 – 51677
and CRD Number (if any):
46958
(e) Location of the marketer’s office used principally by the private fund (city, state and country):
City:
NEWYORK
State:
New York
Country:
United States
Yes No
(f) Does the marketer market the private fund through one or more websites?
(g) If the answer to question 28.(f) is “yes,” list the website address(es):
Website Address
HTTP://TRITONLAKE.EXCHANGE
A. PRIVATE FUND
Information About the Private Fund

  1. (a) Name of the private fund:
    NOTION CAPITAL OPPORTUNITIES LP
    (b) Private fund identification number:
    (include the “805-” prefix also)
    805-8478133681
  2. Under the laws of what state or country is the private fund organized:
    State: Country:
    United Kingdom
  3. (a) Name(s) of General Partner, Manager, Trustee, or Directors (or persons serving in a similar capacity):
    Name of General Partner, Manager, Trustee, or Director
    NOTION CAPITAL MANAGERS LLP
    (b) If filing an umbrella registration, identify the filing adviser and/or relying adviser(s) that sponsor(s) or manage(s) this private fund.
    FORM ADV
    UNIFORM APPLICATION FOR INVESTMENT ADVISER REGISTRATION AND REPORT BY EXEMPT REPORTING ADVISERS
    Primary Business Name: NOTION CAPITAL CRD Number: 301084
    Annual Amendment – All Sections Rev. 03/2020
    4/23/2020 10:38:35 AM
    WARNING: Complete this form truthfully. False statements or omissions may result in denial of your application, revocation of your registration, or criminal prosecution. You must
    keep this form updated by filing periodic amendments. See Form ADV General Instruction 4.
    Item 1 Identifying Information
    Responses to this Item tell us who you are, where you are doing business, and how we can contact you. If you are filing an umbrella registration, the information in Item 1 should be
    provided for the filing adviser only. General Instruction 5 provides information to assist you with filing an umbrella registration.
    A. Your full legal name (if you are a sole proprietor, your last, first, and middle names):
    NOTION CAPITAL MANAGERS LLP
    B. (1) Name under which you primarily conduct your advisory business, if different from Item 1.A.
    NOTION CAPITAL
    List on Section 1.B. of Schedule D any additional names under which you conduct your advisory business.
    (2) If you are using this Form ADV to register more than one investment adviser under an umbrella registration, check this box
    If you check this box, complete a Schedule R for each relying adviser.
    C. If this filing is reporting a change in your legal name (Item 1.A.) or primary business name (Item 1.B.(1)), enter the new name and specify whether the name change is of
    your legal name or your primary business name:
    D. (1) If you are registered with the SEC as an investment adviser, your SEC file number:
    (2) If you report to the SEC as an exempt reporting adviser, your SEC file number: 802-117151
    (3) If you have one or more Central Index Key numbers assigned by the SEC (“CIK Numbers”), all of your CIK numbers:
    No Information Filed
    E. (1) If you have a number (“CRD Number”) assigned by the FINRA’s CRD system or by the IARD system, your CRD number: 301084
    If your firm does not have a CRD number, skip this Item 1.E. Do not provide the CRD number of one of your officers, employees, or affiliates.
    (2) If you have additional CRD Numbers, your additional CRD numbers:
    No Information Filed
    F. Principal Office and Place of Business
    (1) Address (do not use a P.O. Box):
    Number and Street 1:
    91 WIMPOLE STREET
    Number and Street 2:
    City:
    LONDON
    State: Country:
    United Kingdom
    ZIP+4/Postal Code:
    W1G 0EF
    If this address is a private residence, check this box:
    List on Section 1.F. of Schedule D any office, other than your principal office and place of business, at which you conduct investment advisory business. If you are applying for
    registration, or are registered, with one or more state securities authorities, you must list all of your offices in the state or states to which you are applying for registration or with
    whom you are registered. If you are applying for SEC registration, if you are registered only with the SEC, or if you are reporting to the SEC as an exempt reporting adviser, list
    the largest twenty-five offices in terms of numbers of employees as of the end of your most recently completed fiscal year.
    (2) Days of week that you normally conduct business at your principal office and place of business:
    Monday – Friday Other:
    Normal business hours at this location:
    09:00 – 17:30
    (3) Telephone number at this location:
    +447919881986
    (4) Facsimile number at this location, if any:
    (5) What is the total number of offices, other than your principal office and place of business, at which you conduct investment advisory business as of the end of your most
    recently completed fiscal year?
    0
    G. Mailing address, if different from your principal office and place of business address:
    Number and Street 1: Number and Street 2:
    City: State: Country: ZIP+4/Postal Code:
    If this address is a private residence, check this box:
    H. If you are a sole proprietor, state your full residence address, if different from your principal office and place of business address in Item 1.F.:
    Number and Street 1: Number and Street 2:
    City: State: Country: ZIP+4/Postal Code:
    Yes No
    I. Do you have one or more websites or accounts on publicly available social media platforms (including, but not limited to, Twitter, Facebook and LinkedIn)?
    If “yes,” list all firm website addresses and the address for each of the firm’s accounts on publicly available social media platforms on Section 1.I. of Schedule D. If a website
    address serves as a portal through which to access other information you have published on the web, you may list the portal without listing addresses for all of the other
    information. You may need to list more than one portal address. Do not provide the addresses of websites or accounts on publicly available social media platforms where you do
    not control the content. Do not provide the individual electronic mail (e-mail) addresses of employees or the addresses of employee accounts on publicly available social media
    platforms.
    J. Chief Compliance Officer
    (1) Provide the name and contact information of your Chief Compliance Officer. If you are an exempt reporting adviser, you must provide the contact information for your Chief
    Compliance Officer, if you have one. If not, you must complete Item 1.K. below.
    Name: Other titles, if any:
    Telephone number: Facsimile number, if any:
    Number and Street 1: Number and Street 2:
    City: State: Country: ZIP+4/Postal Code:
    Electronic mail (e-mail) address, if Chief Compliance Officer has one:
    (2) If your Chief Compliance Officer is compensated or employed by any person other than you, a related person or an investment company registered under the Investment
    Company Act of 1940 that you advise for providing chief compliance officer services to you, provide the person’s name and IRS Employer Identification Number (if any):
    Name:
    IRS Employer Identification Number:
    K. Additional Regulatory Contact Person: If a person other than the Chief Compliance Officer is authorized to receive information and respond to questions about this Form ADV, you
    may provide that information here.
    Name: Titles:
    Telephone number: Facsimile number, if any:
    Number and Street 1: Number and Street 2:
    City: State: Country: ZIP+4/Postal Code:
    Electronic mail (e-mail) address, if contact person has one:
    Yes No
    L. Do you maintain some or all of the books and records you are required to keep under Section 204 of the Advisers Act, or similar state law, somewhere other than your
    principal office and place of business?
    If “yes,” complete Section 1.L. of Schedule D.
    Yes No
    M. Are you registered with a foreign financial regulatory authority?
    Answer “no” if you are not registered with a foreign financial regulatory authority, even if you have an affiliate that is registered with a foreign financial regulatory authority. If “yes,”
    complete Section 1.M. of Schedule D.
    Yes No
    N. Are you a public reporting company under Sections 12 or 15(d) of the Securities Exchange Act of 1934?
    Yes No
    O. Did you have $1 billion or more in assets on the last day of your most recent fiscal year?
    If yes, what is the approximate amount of your assets:
    $1 billion to less than $10 billion
    $10 billion to less than $50 billion
    $50 billion or more
    For purposes of Item 1.O. only, “assets” refers to your total assets, rather than the assets you manage on behalf of clients. Determine your total assets using the total assets shown
    on the balance sheet for your most recent fiscal year end.
    P. Provide your Legal Entity Identifier if you have one:
    A legal entity identifier is a unique number that companies use to identify each other in the financial marketplace. You may not have a legal entity identifier.
    SECTION 1.B. Other Business Names
    No Information Filed
    SECTION 1.F. Other Offices
    No Information Filed
    SECTION 1.I. Website Addresses
    List your website addresses, including addresses for accounts on publicly available social media platforms where you control the content (including, but not limited to, Twitter,
    Facebook and/or LinkedIn). You must complete a separate Schedule D Section 1.I. for each website or account on a publicly available social media platform.
    Address of Website/Account on Publicly Available Social Media Platform: https://notion.vc/
    SECTION 1.L. Location of Books and Records
    No Information Filed
    SECTION 1.M. Registration with Foreign Financial Regulatory Authorities
    List the name and country, in English, of each foreign financial regulatory authority with which you are registered. You must complete a separate Schedule D Section 1.M. for each
    foreign financial regulatory authority with whom you are registered.
    Name of Country/Foreign Financial Regulatory Authority:
    United Kingdom – Financial Conduct Authority
    Other:
    Item 2 SEC Registration/Reporting
    SEC Reporting by Exempt Reporting Advisers
    B. Complete this Item 2.B. only if you are reporting to the SEC as an exempt reporting adviser. Check all that apply. You:
    (1) qualify for the exemption from registration as an adviser solely to one or more venture capital funds, as defined in rule 203(l)-1;
    (2) qualify for the exemption from registration because you act solely as an adviser to private funds and have assets under management, as defined in rule 203(m)-1, in the
    United States of less than $150 million;
    (3) act solely as an adviser to private funds but you are no longer eligible to check box 2.B.(2) because you have assets under management, as defined in rule 203(m)-1, in
    the United States of $150 million or more.
    If you check box (2) or (3), complete Section 2.B. of Schedule D.
    SECTION 2.B. Private Fund Assets
    If you check Item 2.B.(2) or (3), what is the amount of the private fund assets that you manage? $ 321002333
    NOTE: “Private fund assets” has the same meaning here as it has under rule 203(m)-1. If you are an investment adviser with its principal office and place of business outside the
    United States only include private fund assets that you manage at a place of business in the United States.
    Item 3 Form of Organization
    If you are filing an umbrella registration, the information in Item 3 should be provided for the filing adviser only.
    A. How are you organized?
    Corporation
    Sole Proprietorship
    Limited Liability Partnership (LLP)
    Partnership
    Limited Liability Company (LLC)
    Limited Partnership (LP)
    Other (specify):
    If you are changing your response to this Item, see Part 1A Instruction 4.
    B. In what month does your fiscal year end each year?
    MARCH
    C. Under the laws of what state or country are you organized?
    State Country
    United Kingdom
    If you are a partnership, provide the name of the state or country under whose laws your partnership was formed. If you are a sole proprietor, provide the name of the state or
    country where you reside.
    If you are changing your response to this Item, see Part 1A Instruction 4.
    Item 6 Other Business Activities
    In this Item, we request information about your firm’s other business activities.
    A. You are actively engaged in business as a (check all that apply):
    (1) broker-dealer (registered or unregistered)
    (2) registered representative of a broker-dealer
    (3) commodity pool operator or commodity trading advisor (whether registered or exempt from registration)
    (4) futures commission merchant
    (5) real estate broker, dealer, or agent
    (6) insurance broker or agent
    (7) bank (including a separately identifiable department or division of a bank)
    (8) trust company
    (9) registered municipal advisor
    (10) registered security-based swap dealer
    (11) major security-based swap participant
    (12) accountant or accounting firm
    (13) lawyer or law firm
    (14) other financial product salesperson (specify):
    If you engage in other business using a name that is different from the names reported in Items 1.A. or 1.B.(1), complete Section 6.A. of Schedule D.
    Yes No
    B. (1) Are you actively engaged in any other business not listed in Item 6.A. (other than giving investment advice)?
    (2) If yes, is this other business your primary business?
    If “yes,” describe this other business on Section 6.B.(2) of Schedule D, and if you engage in this business under a different name, provide that name.
    Yes No
    (3) Do you sell products or provide services other than investment advice to your advisory clients?
    If “yes,” describe this other business on Section 6.B.(3) of Schedule D, and if you engage in this business under a different name, provide that name.
    SECTION 6.A. Names of Your Other Businesses
    No Information Filed
    SECTION 6.B.(2) Description of Primary Business
    Describe your primary business (not your investment advisory business):
    If you engage in that business under a different name, provide that name:
    SECTION 6.B.(3) Description of Other Products and Services
    Describe other products or services you sell to your client. You may omit products and services that you listed in Section 6.B.(2) above.
    If you engage in that business under a different name, provide that name:
    Item 7 Financial Industry Affiliations
    In this Item, we request information about your financial industry affiliations and activities. This information identifies areas in which conflicts of interest may occur between you and
    your clients.
    A. This part of Item 7 requires you to provide information about you and your related persons, including foreign affiliates. Your related persons are all of your advisory affiliates and any
    person that is under common control with you.
    You have a related person that is a (check all that apply):
    (1) broker-dealer, municipal securities dealer, or government securities broker or dealer (registered or unregistered)
    (2) other investment adviser (including financial planners)
    (3) registered municipal advisor
    (4) registered security-based swap dealer
    (5) major security-based swap participant
    (6) commodity pool operator or commodity trading advisor (whether registered or exempt from registration)
    (7) futures commission merchant
    (8) banking or thrift institution
    (9) trust company
    (10) accountant or accounting firm
    (11) lawyer or law firm
    (12) insurance company or agency
    (13) pension consultant
    (14) real estate broker or dealer
    (15) sponsor or syndicator of limited partnerships (or equivalent), excluding pooled investment vehicles
    (16) sponsor, general partner, managing member (or equivalent) of pooled investment vehicles
    Note that Item 7.A. should not be used to disclose that some of your employees perform investment advisory functions or are registered representatives of a broker-dealer. The
    number of your firm’s employees who perform investment advisory functions should be disclosed under Item 5.B.(1). The number of your firm’s employees who are registered
    representatives of a broker-dealer should be disclosed under Item 5.B.(2).
    Note that if you are filing an umbrella registration, you should not check Item 7.A.(2) with respect to your relying advisers, and you do not have to complete Section 7.A. in
    Schedule D for your relying advisers. You should complete a Schedule R for each relying adviser.
    For each related person, including foreign affiliates that may not be registered or required to be registered in the United States, complete Section 7.A. of Schedule D.
    You do not need to complete Section 7.A. of Schedule D for any related person if: (1) you have no business dealings with the related person in connection with advisory services
    you provide to your clients; (2) you do not conduct shared operations with the related person; (3) you do not refer clients or business to the related person, and the related person
    does not refer prospective clients or business to you; (4) you do not share supervised persons or premises with the related person; and (5) you have no reason to believe that
    your relationship with the related person otherwise creates a conflict of interest with your clients.
    You must complete Section 7.A. of Schedule D for each related person acting as qualified custodian in connection with advisory services you provide to your clients (other than
    any mutual fund transfer agent pursuant to rule 206(4)-2(b)(1)), regardless of whether you have determined the related person to be operationally independent under rule
    206(4)-2 of the Advisers Act.
    SECTION 7.A. Financial Industry Affiliations
    No Information Filed
    Item 7 Private Fund Reporting
    Yes No
    B. Are you an adviser to any private fund?
    If “yes,” then for each private fund that you advise, you must complete a Section 7.B.(1) of Schedule D, except in certain circumstances described in the next sentence and in
    Instruction 6 of the Instructions to Part 1A. If you are registered or applying for registration with the SEC or reporting as an SEC exempt reporting adviser, and another SEC-registered
    adviser or SEC exempt reporting adviser reports this information with respect to any such private fund in Section 7.B.(1) of Schedule D of its Form ADV (e.g., if you are a subadviser),
    do not complete Section 7.B.(1) of Schedule D with respect to that private fund. You must, instead, complete Section 7.B.(2) of Schedule D.
    In either case, if you seek to preserve the anonymity of a private fund client by maintaining its identity in your books and records in numerical or alphabetical code, or similar
    designation, pursuant to rule 204-2(d), you may identify the private fund in Section 7.B.(1) or 7.B.(2) of Schedule D using the same code or designation in place of the fund’s name.
    SECTION 7.B.(1) Private Fund Reporting
    A. PRIVATE FUND
    Information About the Private Fund
  4. (a) Name of the private fund:
    NOTION CAPITAL 2 LP
    (b) Private fund identification number:
    (include the “805-” prefix also)
    805-6271914669
  5. Under the laws of what state or country is the private fund organized:
    State: Country:
    United Kingdom
  6. (a) Name(s) of General Partner, Manager, Trustee, or Directors (or persons serving in a similar capacity):
    Name of General Partner, Manager, Trustee, or Director
    NOTION CAPITAL MANAGERS LLP
    (b) If filing an umbrella registration, identify the filing adviser and/or relying adviser(s) that sponsor(s) or manage(s) this private fund.
    No Information Filed
  7. The private fund (check all that apply; you must check at least one):
    (1) qualifies for the exclusion from the definition of investment company under section 3(c)(1) of the Investment Company Act of 1940
    (2) qualifies for the exclusion from the definition of investment company under section 3(c)(7) of the Investment Company Act of 1940
  8. List the name and country, in English, of each foreign financial regulatory authority with which the private fund is registered.
    No Information Filed
    Yes No
  9. (a) Is this a “master fund” in a master-feeder arrangement?
    (b) If yes, what is the name and private fund identification number (if any) of the feeder funds investing in this private fund?
    No Information Filed
    Yes No
    (c) Is this a “feeder fund” in a master-feeder arrangement?
    (d) If yes, what is the name and private fund identification number (if any) of the master fund in which this private fund invests?
    Name of private fund:
    Private fund identification number:
    (include the “805-” prefix also)
    NOTE: You must complete question 6 for each master-feeder arrangement regardless of whether you are filing a single Schedule D, Section 7.B.(1) for the master-feeder
    arrangement or reporting on the funds separately.
  10. If you are filing a single Schedule D, Section 7.B.(1) for a master-feeder arrangement according to the instructions to this Section 7.B.(1), for each of the feeder funds answer
    the following questions:
    No Information Filed
    NOTE: For purposes of questions 6 and 7, in a master-feeder arrangement, one or more funds (“feeder funds”) invest all or substantially all of their assets in a single fund
    (“master fund”). A fund would also be a “feeder fund” investing in a “master fund” for purposes of this question if it issued multiple classes (or series) of shares or interests,
    and each class (or series) invests substantially all of its assets in a single master fund.
    Yes No
  11. (a) Is this private fund a “fund of funds”?
    NOTE: For purposes of this question only, answer “yes” if the fund invests 10 percent or more of its total assets in other pooled investment vehicles, regardless of whether
    they are also private funds or registered investment companies.
    (b) If yes, does the private fund invest in funds managed by you or by a related person?
    Yes No
  12. During your last fiscal year, did the private fund invest in securities issued by investment companies registered under the Investment Company Act of 1940 (other
    than “money market funds,” to the extent provided in Instruction 6.e.)?
  13. What type of fund is the private fund?
    hedge fund liquidity fund private equity fund real estate fund securitized asset fund venture capital fund Other private fund:
    NOTE: For definitions of these fund types, please see Instruction 6 of the Instructions to Part 1A.
  14. Current gross asset value of the private fund:
    $ 79,829,349
    Ownership
  15. Minimum investment commitment required of an investor in the private fund:
    $ 1
    NOTE: Report the amount routinely required of investors who are not your related persons (even if different from the amount set forth in the organizational documents of the
    fund).
  16. Approximate number of the private fund’s beneficial owners:
    45
  17. What is the approximate percentage of the private fund beneficially owned by you and your related persons:
    6%
  18. (a) What is the approximate percentage of the private fund beneficially owned (in the aggregate) by funds of funds:
    77%
    Yes No
    (b) If the private fund qualifies for the exclusion from the definition of investment company under section 3(c)(1) of the Investment Company Act of 1940, are sales
    of the fund limited to qualified clients?
  19. What is the approximate percentage of the private fund beneficially owned by non-United States persons:
    100%
    Your Advisory Services
    Yes No
  20. (a) Are you a subadviser to this private fund?
    (b) If the answer to question 17.(a) is “yes,” provide the name and SEC file number, if any, of the adviser of the private fund. If the answer to question 17.(a) is “no,” leave this
    question blank.
    No Information Filed
    Yes No
  21. (a) Do any investment advisers (other than the investment advisers listed in Section 7.B.(1).A.3.(b)) advise the private fund?
    (b) If the answer to question 18.(a) is “yes,” provide the name and SEC file number, if any, of the other advisers to the private fund. If the answer to question 18.(a) is “no,”
    leave this question blank.
    No Information Filed
    Yes No
  22. Are your clients solicited to invest in the private fund?
    NOTE: For purposes of this question, do not consider feeder funds of the private fund.
  23. Approximately what percentage of your clients has invested in the private fund?
    100%
    Private Offering
    Yes No
  24. Has the private fund ever relied on an exemption from registration of its securities under Regulation D of the Securities Act of 1933?
  25. If yes, provide the private fund’s Form D file number (if any):
    No Information Filed
    B. SERVICE PROVIDERS
    Auditors
    Yes No
  26. (a) (1) Are the private fund’s financial statements subject to an annual audit?
    (2) If the answer to question 23.(a)(1) is “yes,” are the financial statements prepared in accordance with U.S. GAAP?
    If the answer to question 23.(a)(1) is “yes,” respond to questions (b) through (h) below. If the private fund uses more than one auditing firm, you must complete
    questions (b) through (f) separately for each auditing firm.
    Additional Auditor Information : 1 Record(s) Filed.
    If the answer to question 23.(a)(1) is “yes,” respond to questions (b) through (h) below. If the private fund uses more than one auditing firm, you must complete
    questions (b) through (f) separately for each auditing firm.
    (b) Name of the auditing firm:
    BDO
    (c) The location of the auditing firm’s office responsible for the private fund’s audit (city, state and country):
    City:
    BRISTOL
    State: Country:
    United Kingdom
    Yes No
    (d) Is the auditing firm an independent public accountant?
    (e) Is the auditing firm registered with the Public Company Accounting Oversight Board?
    If yes, Public Company Accounting Oversight Board-Assigned Number:
    (f) If “yes” to (e) above, is the auditing firm subject to regular inspection by the Public Company Accounting Oversight Board in accordance with its rules?
    Yes No
    (g) Are the private fund’s audited financial statements for the most recently completed fiscal year distributed to the private fund’s investors?
    (h) Do all of the reports prepared by the auditing firm for the private fund since your last annual updating amendment contain unqualified opinions?
    Yes No Report Not Yet Received
    If you check “Report Not Yet Received,” you must promptly file an amendment to your Form ADV to update your response when the report is available.
    Prime Broker
    Yes No
  27. (a) Does the private fund use one or more prime brokers?
    If the answer to question 24.(a) is “yes,” respond to questions (b) through (e) below for each prime broker the private fund uses. If the private fund uses more than one
    prime broker, you must complete questions (b) through (e) separately for each prime broker.
    No Information Filed
    Custodian
    Yes No
  28. (a) Does the private fund use any custodians (including the prime brokers listed above) to hold some or all of its assets?
    If the answer to question 25.(a) is “yes,” respond to questions (b) through (g) below for each custodian the private fund uses. If the private fund uses more than one
    custodian, you must complete questions (b) through (g) separately for each custodian.
    No Information Filed
    Administrator
    Yes No
  29. (a) Does the private fund use an administrator other than your firm?
    If the answer to question 26.(a) is “yes,” respond to questions (b) through (f) below. If the private fund uses more than one administrator, you must complete questions
    (b) through (f) separately for each administrator.
    Additional Administrator Information : 1 Record(s) Filed.
    If the answer to question 26.(a) is “yes,” respond to questions (b) through (f) below. If the private fund uses more than one administrator, you must complete
    questions (b) through (f) separately for each administrator.
    (b) Name of administrator:
    LANGHAM HALL
    (c) Location of administrator (city, state and country):
    City:
    LONDON
    State: Country:
    United Kingdom
    Yes No
    (d) Is the administrator a related person of your firm?
    (e) Does the administrator prepare and send investor account statements to the private fund’s investors?
    Yes (provided to all investors) Some (provided to some but not all investors) No (provided to no investors)
    (f) If the answer to question 26.(e) is “no” or “some,” who sends the investor account statements to the (rest of the) private fund’s investors? If investor account
    statements are not sent to the (rest of the) private fund’s investors, respond “not applicable.”
  30. During your last fiscal year, what percentage of the private fund’s assets (by value) was valued by a person, such as an administrator, that is not your related person?
    0%
    Include only those assets where (i) such person carried out the valuation procedure established for that asset, if any, including obtaining any relevant quotes, and (ii) the
    valuation used for purposes of investor subscriptions, redemptions or distributions, and fee calculations (including allocations) was the valuation determined by such
    person.
    Marketers
    Yes No
  31. (a) Does the private fund use the services of someone other than you or your employees for marketing purposes?
    You must answer “yes” whether the person acts as a placement agent, consultant, finder, introducer, municipal advisor or other solicitor, or similar person. If the answer
    to question 28.(a) is “yes,” respond to questions (b) through (g) below for each such marketer the private fund uses. If the private fund uses more than one marketer you
    must complete questions (b) through (g) separately for each marketer.
    No Information Filed
    A. PRIVATE FUND
    Information About the Private Fund
  32. (a) Name of the private fund:
    NOTION CAPITAL III LP
    (b) Private fund identification number:
    (include the “805-” prefix also)
    805-7804679333
  33. Under the laws of what state or country is the private fund organized:
    State: Country:
    United Kingdom
  34. (a) Name(s) of General Partner, Manager, Trustee, or Directors (or persons serving in a similar capacity):
    Name of General Partner, Manager, Trustee, or Director
    NOTION CAPITAL MANAGERS LLP
    (b) If filing an umbrella registration, identify the filing adviser and/or relying adviser(s) that sponsor(s) or manage(s) this private fund.
    No Information Filed
  35. The private fund (check all that apply; you must check at least one):
    (1) qualifies for the exclusion from the definition of investment company under section 3(c)(1) of the Investment Company Act of 1940
    (2) qualifies for the exclusion from the definition of investment company under section 3(c)(7) of the Investment Company Act of 1940
  36. List the name and country, in English, of each foreign financial regulatory authority with which the private fund is registered.
    No Information Filed
    Yes No
  37. (a) Is this a “master fund” in a master-feeder arrangement?
    (b) If yes, what is the name and private fund identification number (if any) of the feeder funds investing in this private fund?
    No Information Filed
    Yes No
    (c) Is this a “feeder fund” in a master-feeder arrangement?
    (d) If yes, what is the name and private fund identification number (if any) of the master fund in which this private fund invests?
    Name of private fund:
    Private fund identification number:
    (include the “805-” prefix also)
    NOTE: You must complete question 6 for each master-feeder arrangement regardless of whether you are filing a single Schedule D, Section 7.B.(1) for the master-feeder
    arrangement or reporting on the funds separately.
  38. If you are filing a single Schedule D, Section 7.B.(1) for a master-feeder arrangement according to the instructions to this Section 7.B.(1), for each of the feeder funds answer
    the following questions:
    No Information Filed
    NOTE: For purposes of questions 6 and 7, in a master-feeder arrangement, one or more funds (“feeder funds”) invest all or substantially all of their assets in a single fund
    (“master fund”). A fund would also be a “feeder fund” investing in a “master fund” for purposes of this question if it issued multiple classes (or series) of shares or interests,
    and each class (or series) invests substantially all of its assets in a single master fund.
    Yes No
  39. (a) Is this private fund a “fund of funds”?
    NOTE: For purposes of this question only, answer “yes” if the fund invests 10 percent or more of its total assets in other pooled investment vehicles, regardless of whether
    they are also private funds or registered investment companies.
    (b) If yes, does the private fund invest in funds managed by you or by a related person?
    Yes No
  40. During your last fiscal year, did the private fund invest in securities issued by investment companies registered under the Investment Company Act of 1940 (other
    than “money market funds,” to the extent provided in Instruction 6.e.)?
  41. What type of fund is the private fund?
    hedge fund liquidity fund private equity fund real estate fund securitized asset fund venture capital fund Other private fund:
    NOTE: For definitions of these fund types, please see Instruction 6 of the Instructions to Part 1A.
  42. Current gross asset value of the private fund:
    $ 139,161,309
    Ownership
  43. Minimum investment commitment required of an investor in the private fund:
    $ 1
    NOTE: Report the amount routinely required of investors who are not your related persons (even if different from the amount set forth in the organizational documents of the
    fund).
  44. Approximate number of the private fund’s beneficial owners:
    37
  45. What is the approximate percentage of the private fund beneficially owned by you and your related persons:
    5%
  46. (a) What is the approximate percentage of the private fund beneficially owned (in the aggregate) by funds of funds:
    2%
    Yes No
    (b) If the private fund qualifies for the exclusion from the definition of investment company under section 3(c)(1) of the Investment Company Act of 1940, are sales
    of the fund limited to qualified clients?
  47. What is the approximate percentage of the private fund beneficially owned by non-United States persons:
    86%
    Your Advisory Services
    Yes No
  48. (a) Are you a subadviser to this private fund?
    (b) If the answer to question 17.(a) is “yes,” provide the name and SEC file number, if any, of the adviser of the private fund. If the answer to question 17.(a) is “no,” leave this
    question blank.
    No Information Filed
    Yes No
  49. (a) Do any investment advisers (other than the investment advisers listed in Section 7.B.(1).A.3.(b)) advise the private fund?
    (b) If the answer to question 18.(a) is “yes,” provide the name and SEC file number, if any, of the other advisers to the private fund. If the answer to question 18.(a) is “no,”
    leave this question blank.
    No Information Filed
    Yes No
  50. Are your clients solicited to invest in the private fund?
    NOTE: For purposes of this question, do not consider feeder funds of the private fund.
  51. Approximately what percentage of your clients has invested in the private fund?
    100%
    Private Offering
    Yes No
  52. Has the private fund ever relied on an exemption from registration of its securities under Regulation D of the Securities Act of 1933?
  53. If yes, provide the private fund’s Form D file number (if any):
    No Information Filed
    B. SERVICE PROVIDERS
    Auditors
    Yes No
  54. (a) (1) Are the private fund’s financial statements subject to an annual audit?
    (2) If the answer to question 23.(a)(1) is “yes,” are the financial statements prepared in accordance with U.S. GAAP?
    If the answer to question 23.(a)(1) is “yes,” respond to questions (b) through (h) below. If the private fund uses more than one auditing firm, you must complete
    questions (b) through (f) separately for each auditing firm.
    Additional Auditor Information : 1 Record(s) Filed.
    If the answer to question 23.(a)(1) is “yes,” respond to questions (b) through (h) below. If the private fund uses more than one auditing firm, you must complete
    questions (b) through (f) separately for each auditing firm.
    (b) Name of the auditing firm:
    BDO
    (c) The location of the auditing firm’s office responsible for the private fund’s audit (city, state and country):
    City:
    BRISTOL
    State: Country:
    United Kingdom
    Yes No
    (d) Is the auditing firm an independent public accountant?
    (e) Is the auditing firm registered with the Public Company Accounting Oversight Board?
    If yes, Public Company Accounting Oversight Board-Assigned Number:
    (f) If “yes” to (e) above, is the auditing firm subject to regular inspection by the Public Company Accounting Oversight Board in accordance with its rules?
    Yes No
    (g) Are the private fund’s audited financial statements for the most recently completed fiscal year distributed to the private fund’s investors?
    (h) Do all of the reports prepared by the auditing firm for the private fund since your last annual updating amendment contain unqualified opinions?
    Yes No Report Not Yet Received
    If you check “Report Not Yet Received,” you must promptly file an amendment to your Form ADV to update your response when the report is available.
    Prime Broker
    Yes No
  55. (a) Does the private fund use one or more prime brokers?
    If the answer to question 24.(a) is “yes,” respond to questions (b) through (e) below for each prime broker the private fund uses. If the private fund uses more than one
    prime broker, you must complete questions (b) through (e) separately for each prime broker.
    No Information Filed
    Custodian
    Yes No
  56. (a) Does the private fund use any custodians (including the prime brokers listed above) to hold some or all of its assets?
    If the answer to question 25.(a) is “yes,” respond to questions (b) through (g) below for each custodian the private fund uses. If the private fund uses more than one
    custodian, you must complete questions (b) through (g) separately for each custodian.
    No Information Filed
    Administrator
    Yes No
  57. (a) Does the private fund use an administrator other than your firm?
    If the answer to question 26.(a) is “yes,” respond to questions (b) through (f) below. If the private fund uses more than one administrator, you must complete questions
    (b) through (f) separately for each administrator.
    Additional Administrator Information : 1 Record(s) Filed.
    If the answer to question 26.(a) is “yes,” respond to questions (b) through (f) below. If the private fund uses more than one administrator, you must complete
    questions (b) through (f) separately for each administrator.
    (b) Name of administrator:
    LANGHAM HALL
    (c) Location of administrator (city, state and country):
    City:
    LONDON
    State: Country:
    United Kingdom
    Yes No
    (d) Is the administrator a related person of your firm?
    (e) Does the administrator prepare and send investor account statements to the private fund’s investors?
    Yes (provided to all investors) Some (provided to some but not all investors) No (provided to no investors)
    (f) If the answer to question 26.(e) is “no” or “some,” who sends the investor account statements to the (rest of the) private fund’s investors? If investor account
    statements are not sent to the (rest of the) private fund’s investors, respond “not applicable.”
  58. During your last fiscal year, what percentage of the private fund’s assets (by value) was valued by a person, such as an administrator, that is not your related person?
    0%
    Include only those assets where (i) such person carried out the valuation procedure established for that asset, if any, including obtaining any relevant quotes, and (ii) the
    valuation used for purposes of investor subscriptions, redemptions or distributions, and fee calculations (including allocations) was the valuation determined by such
    person.
    Marketers
    Yes No
  59. (a) Does the private fund use the services of someone other than you or your employees for marketing purposes?
    You must answer “yes” whether the person acts as a placement agent, consultant, finder, introducer, municipal advisor or other solicitor, or similar person. If the answer
    to question 28.(a) is “yes,” respond to questions (b) through (g) below for each such marketer the private fund uses. If the private fund uses more than one marketer you
    must complete questions (b) through (g) separately for each marketer.
    No Information Filed
    A. PRIVATE FUND
    Information About the Private Fund
  60. (a) Name of the private fund:
    NOTION CAPITAL IV LP
    (b) Private fund identification number:
    (include the “805-” prefix also)
    805-2167470483
  61. Under the laws of what state or country is the private fund organized:
    State: Country:
    United Kingdom
  62. (a) Name(s) of General Partner, Manager, Trustee, or Directors (or persons serving in a similar capacity):
    Name of General Partner, Manager, Trustee, or Director
    NOTION CAPITAL MANAGERS LLP
    (b) If filing an umbrella registration, identify the filing adviser and/or relying adviser(s) that sponsor(s) or manage(s) this private fund.
    No Information Filed
  63. The private fund (check all that apply; you must check at least one):
    (1) qualifies for the exclusion from the definition of investment company under section 3(c)(1) of the Investment Company Act of 1940
    (2) qualifies for the exclusion from the definition of investment company under section 3(c)(7) of the Investment Company Act of 1940
  64. List the name and country, in English, of each foreign financial regulatory authority with which the private fund is registered.
    No Information Filed
    Yes No
  65. (a) Is this a “master fund” in a master-feeder arrangement?
    (b) If yes, what is the name and private fund identification number (if any) of the feeder funds investing in this private fund?
    No Information Filed
    Yes No
    (c) Is this a “feeder fund” in a master-feeder arrangement?
    (d) If yes, what is the name and private fund identification number (if any) of the master fund in which this private fund invests?
    Name of private fund:
    Private fund identification number:
    (include the “805-” prefix also)
    NOTE: You must complete question 6 for each master-feeder arrangement regardless of whether you are filing a single Schedule D, Section 7.B.(1) for the master-feeder
    arrangement or reporting on the funds separately.
  66. If you are filing a single Schedule D, Section 7.B.(1) for a master-feeder arrangement according to the instructions to this Section 7.B.(1), for each of the feeder funds answer
    the following questions:
    No Information Filed
    NOTE: For purposes of questions 6 and 7, in a master-feeder arrangement, one or more funds (“feeder funds”) invest all or substantially all of their assets in a single fund
    (“master fund”). A fund would also be a “feeder fund” investing in a “master fund” for purposes of this question if it issued multiple classes (or series) of shares or interests,
    and each class (or series) invests substantially all of its assets in a single master fund.
    Yes No
  67. (a) Is this private fund a “fund of funds”?
    NOTE: For purposes of this question only, answer “yes” if the fund invests 10 percent or more of its total assets in other pooled investment vehicles, regardless of whether
    they are also private funds or registered investment companies.
    (b) If yes, does the private fund invest in funds managed by you or by a related person?
    Yes No
  68. During your last fiscal year, did the private fund invest in securities issued by investment companies registered under the Investment Company Act of 1940 (other
    than “money market funds,” to the extent provided in Instruction 6.e.)?
  69. What type of fund is the private fund?
    hedge fund liquidity fund private equity fund real estate fund securitized asset fund venture capital fund Other private fund:
    NOTE: For definitions of these fund types, please see Instruction 6 of the Instructions to Part 1A.
  70. Current gross asset value of the private fund:
    $ 10,024,984
    Ownership
  71. Minimum investment commitment required of an investor in the private fund:
    $ 100,000
    NOTE: Report the amount routinely required of investors who are not your related persons (even if different from the amount set forth in the organizational documents of the
    fund).
  72. Approximate number of the private fund’s beneficial owners:
    24
  73. What is the approximate percentage of the private fund beneficially owned by you and your related persons:
    3%
  74. (a) What is the approximate percentage of the private fund beneficially owned (in the aggregate) by funds of funds:
    62%
    Yes No
    (b) If the private fund qualifies for the exclusion from the definition of investment company under section 3(c)(1) of the Investment Company Act of 1940, are sales
    of the fund limited to qualified clients?
  75. What is the approximate percentage of the private fund beneficially owned by non-United States persons:
    84%
    Your Advisory Services
    Yes No
  76. (a) Are you a subadviser to this private fund?
    (b) If the answer to question 17.(a) is “yes,” provide the name and SEC file number, if any, of the adviser of the private fund. If the answer to question 17.(a) is “no,” leave this
    question blank.
    No Information Filed
    Yes No
  77. (a) Do any investment advisers (other than the investment advisers listed in Section 7.B.(1).A.3.(b)) advise the private fund?
    (b) If the answer to question 18.(a) is “yes,” provide the name and SEC file number, if any, of the other advisers to the private fund. If the answer to question 18.(a) is “no,”
    leave this question blank.
    No Information Filed
    Yes No
  78. Are your clients solicited to invest in the private fund?
    NOTE: For purposes of this question, do not consider feeder funds of the private fund.
  79. Approximately what percentage of your clients has invested in the private fund?
    100%
    Private Offering
    Yes No
  80. Has the private fund ever relied on an exemption from registration of its securities under Regulation D of the Securities Act of 1933?
  81. If yes, provide the private fund’s Form D file number (if any):
    No Information Filed
    B. SERVICE PROVIDERS
    Auditors
    Yes No
  82. (a) (1) Are the private fund’s financial statements subject to an annual audit?
    (2) If the answer to question 23.(a)(1) is “yes,” are the financial statements prepared in accordance with U.S. GAAP?
    If the answer to question 23.(a)(1) is “yes,” respond to questions (b) through (h) below. If the private fund uses more than one auditing firm, you must complete
    questions (b) through (f) separately for each auditing firm.
    Additional Auditor Information : 1 Record(s) Filed.
    If the answer to question 23.(a)(1) is “yes,” respond to questions (b) through (h) below. If the private fund uses more than one auditing firm, you must complete
    questions (b) through (f) separately for each auditing firm.
    (b) Name of the auditing firm:
    BDO
    (c) The location of the auditing firm’s office responsible for the private fund’s audit (city, state and country):
    City:
    BRISTOL
    State: Country:
    United Kingdom
    Yes No
    (d) Is the auditing firm an independent public accountant?
    (e) Is the auditing firm registered with the Public Company Accounting Oversight Board?
    If yes, Public Company Accounting Oversight Board-Assigned Number:
    (f) If “yes” to (e) above, is the auditing firm subject to regular inspection by the Public Company Accounting Oversight Board in accordance with its rules?
    Yes No
    (g) Are the private fund’s audited financial statements for the most recently completed fiscal year distributed to the private fund’s investors?
    (h) Do all of the reports prepared by the auditing firm for the private fund since your last annual updating amendment contain unqualified opinions?
    Yes No Report Not Yet Received
    If you check “Report Not Yet Received,” you must promptly file an amendment to your Form ADV to update your response when the report is available.
    Prime Broker
    Yes No
  83. (a) Does the private fund use one or more prime brokers?
    If the answer to question 24.(a) is “yes,” respond to questions (b) through (e) below for each prime broker the private fund uses. If the private fund uses more than one
    prime broker, you must complete questions (b) through (e) separately for each prime broker.
    No Information Filed
    Custodian
    Yes No
  84. (a) Does the private fund use any custodians (including the prime brokers listed above) to hold some or all of its assets?
    If the answer to question 25.(a) is “yes,” respond to questions (b) through (g) below for each custodian the private fund uses. If the private fund uses more than one
    custodian, you must complete questions (b) through (g) separately for each custodian.
    No Information Filed
    Administrator
    Yes No
  85. (a) Does the private fund use an administrator other than your firm?
    If the answer to question 26.(a) is “yes,” respond to questions (b) through (f) below. If the private fund uses more than one administrator, you must complete questions
    (b) through (f) separately for each administrator.
    Additional Administrator Information : 1 Record(s) Filed.
    If the answer to question 26.(a) is “yes,” respond to questions (b) through (f) below. If the private fund uses more than one administrator, you must complete
    questions (b) through (f) separately for each administrator.
    (b) Name of administrator:
    LANGHAM HALL
    (c) Location of administrator (city, state and country):
    City:
    LONDON
    State: Country:
    United Kingdom
    Yes No
    (d) Is the administrator a related person of your firm?
    (e) Does the administrator prepare and send investor account statements to the private fund’s investors?
    Yes (provided to all investors) Some (provided to some but not all investors) No (provided to no investors)
    (f) If the answer to question 26.(e) is “no” or “some,” who sends the investor account statements to the (rest of the) private fund’s investors? If investor account
    statements are not sent to the (rest of the) private fund’s investors, respond “not applicable.”
  86. During your last fiscal year, what percentage of the private fund’s assets (by value) was valued by a person, such as an administrator, that is not your related person?
    0%
    Include only those assets where (i) such person carried out the valuation procedure established for that asset, if any, including obtaining any relevant quotes, and (ii) the
    valuation used for purposes of investor subscriptions, redemptions or distributions, and fee calculations (including allocations) was the valuation determined by such
    person.
    Marketers
    Yes No
  87. (a) Does the private fund use the services of someone other than you or your employees for marketing purposes?
    You must answer “yes” whether the person acts as a placement agent, consultant, finder, introducer, municipal advisor or other solicitor, or similar person. If the answer
    to question 28.(a) is “yes,” respond to questions (b) through (g) below for each such marketer the private fund uses. If the private fund uses more than one marketer you
    must complete questions (b) through (g) separately for each marketer.
    Additional Marketer Information : 4 Record(s) Filed.
    You must answer “yes” whether the person acts as a placement agent, consultant, finder, introducer, municipal advisor or other solicitor, or similar person. If the
    answer to question 28.(a) is “yes,” respond to questions (b) through (g) below for each such marketer the private fund uses. If the private fund uses more than
    one marketer, you must complete questions (b) through (g) separately for each marketer.
    Yes No
    (b) Is the marketer a related person of your firm?
    (c) Name of the marketer:
    FIONA BALCH

(d) If the marketer is registered with the SEC, its file number (e.g., 801-, 8-, or 866-):

and CRD Number (if any):
(e) Location of the marketer’s office used principally by the private fund (city, state and country):
City:
LONDON
State: Country:
United Kingdom
Yes No
(f) Does the marketer market the private fund through one or more websites?
(g) If the answer to question 28.(f) is “yes,” list the website address(es):
No Information Filed
You must answer “yes” whether the person acts as a placement agent, consultant, finder, introducer, municipal advisor or other solicitor, or similar person. If the
answer to question 28.(a) is “yes,” respond to questions (b) through (g) below for each such marketer the private fund uses. If the private fund uses more than
one marketer, you must complete questions (b) through (g) separately for each marketer.
Yes No
(b) Is the marketer a related person of your firm?
(c) Name of the marketer:
FIRST AVENUE
(d) If the marketer is registered with the SEC, its file number (e.g., 801-, 8-, or 866-):
8 – 67758
and CRD Number (if any):
145860
(e) Location of the marketer’s office used principally by the private fund (city, state and country):
City:
NEW YORK
State:
New York
Country:
United States
Yes No
(f) Does the marketer market the private fund through one or more websites?
(g) If the answer to question 28.(f) is “yes,” list the website address(es):
No Information Filed
You must answer “yes” whether the person acts as a placement agent, consultant, finder, introducer, municipal advisor or other solicitor, or similar person. If the
answer to question 28.(a) is “yes,” respond to questions (b) through (g) below for each such marketer the private fund uses. If the private fund uses more than
one marketer, you must complete questions (b) through (g) separately for each marketer.
Yes No
(b) Is the marketer a related person of your firm?
(c) Name of the marketer:
FRONTIER SOLUTIONS, LLC
(d) If the marketer is registered with the SEC, its file number (e.g., 801-, 8-, or 866-):
8 – 66972
and CRD Number (if any):
136102
(e) Location of the marketer’s office used principally by the private fund (city, state and country):
City:
RICHMOND
State:
Virginia
Country:
United States
Yes No
(f) Does the marketer market the private fund through one or more websites?
(g) If the answer to question 28.(f) is “yes,” list the website address(es):
No Information Filed
You must answer “yes” whether the person acts as a placement agent, consultant, finder, introducer, municipal advisor or other solicitor, or similar person. If the
answer to question 28.(a) is “yes,” respond to questions (b) through (g) below for each such marketer the private fund uses. If the private fund uses more than
one marketer, you must complete questions (b) through (g) separately for each marketer.
Yes No
(b) Is the marketer a related person of your firm?
(c) Name of the marketer:
JOHN R. FRITSCH AND WILLIAM T. FRITSCH- PARTNERSHIP
(d) If the marketer is registered with the SEC, its file number (e.g., 801-, 8-, or 866-):
8 – 51677
and CRD Number (if any):
46958
(e) Location of the marketer’s office used principally by the private fund (city, state and country):
City:
NEWYORK
State:
New York
Country:
United States
Yes No
(f) Does the marketer market the private fund through one or more websites?
(g) If the answer to question 28.(f) is “yes,” list the website address(es):
Website Address
HTTP://TRITONLAKE.EXCHANGE
A. PRIVATE FUND
Information About the Private Fund

  1. (a) Name of the private fund:
    NOTION CAPITAL OPPORTUNITIES LP
    (b) Private fund identification number:
    (include the “805-” prefix also)
    805-8478133681
  2. Under the laws of what state or country is the private fund organized:
    State: Country:
    United Kingdom
  3. (a) Name(s) of General Partner, Manager, Trustee, or Directors (or persons serving in a similar capacity):
    Name of General Partner, Manager, Trustee, or Director
    NOTION CAPITAL MANAGERS LLP
    (b) If filing an umbrella registration, identify the filing adviser and/or relying adviser(s) that sponsor(s) or manage(s) this private fund.
    No Information Filed
  4. The private fund (check all that apply; you must check at least one):
    (1) qualifies for the exclusion from the definition of investment company under section 3(c)(1) of the Investment Company Act of 1940
    (2) qualifies for the exclusion from the definition of investment company under section 3(c)(7) of the Investment Company Act of 1940
  5. List the name and country, in English, of each foreign financial regulatory authority with which the private fund is registered.
    No Information Filed
    Yes No
  6. (a) Is this a “master fund” in a master-feeder arrangement?
    (b) If yes, what is the name and private fund identification number (if any) of the feeder funds investing in this private fund?
    No Information Filed
    Yes No
    (c) Is this a “feeder fund” in a master-feeder arrangement?
    (d) If yes, what is the name and private fund identification number (if any) of the master fund in which this private fund invests?
    Name of private fund:
    Private fund identification number:
    (include the “805-” prefix also)
    NOTE: You must complete question 6 for each master-feeder arrangement regardless of whether you are filing a single Schedule D, Section 7.B.(1) for the master-feeder
    arrangement or reporting on the funds separately.
  7. If you are filing a single Schedule D, Section 7.B.(1) for a master-feeder arrangement according to the instructions to this Section 7.B.(1), for each of the feeder funds answer
    the following questions:
    No Information Filed
    NOTE: For purposes of questions 6 and 7, in a master-feeder arrangement, one or more funds (“feeder funds”) invest all or substantially all of their assets in a single fund
    (“master fund”). A fund would also be a “feeder fund” investing in a “master fund” for purposes of this question if it issued multiple classes (or series) of shares or interests,
    and each class (or series) invests substantially all of its assets in a single master fund.
    Yes No
  8. (a) Is this private fund a “fund of funds”?
    NOTE: For purposes of this question only, answer “yes” if the fund invests 10 percent or more of its total assets in other pooled investment vehicles, regardless of whether
    they are also private funds or registered investment companies.
    (b) If yes, does the private fund invest in funds managed by you or by a related person?
    Yes No
  9. During your last fiscal year, did the private fund invest in securities issued by investment companies registered under the Investment Company Act of 1940 (other
    than “money market funds,” to the extent provided in Instruction 6.e.)?
  10. What type of fund is the private fund?
    hedge fund liquidity fund private equity fund real estate fund securitized asset fund venture capital fund Other private fund:
    NOTE: For definitions of these fund types, please see Instruction 6 of the Instructions to Part 1A.
  11. Current gross asset value of the private fund:
    $ 52,491,000
    Ownership
  12. Minimum investment commitment required of an investor in the private fund:
    $ 1
    NOTE: Report the amount routinely required of investors who are not your related persons (even if different from the amount set forth in the organizational documents of the
    fund).
  13. Approximate number of the private fund’s beneficial owners:
    FORM ADV
    UNIFORM APPLICATION FOR INVESTMENT ADVISER REGISTRATION AND REPORT BY EXEMPT REPORTING ADVISERS
    Primary Business Name: NOTION CAPITAL CRD Number: 301084
    Annual Amendment – All Sections Rev. 03/2020
    4/23/2020 10:38:35 AM
    WARNING: Complete this form truthfully. False statements or omissions may result in denial of your application, revocation of your registration, or criminal prosecution. You must
    keep this form updated by filing periodic amendments. See Form ADV General Instruction 4.
    Item 1 Identifying Information
    Responses to this Item tell us who you are, where you are doing business, and how we can contact you. If you are filing an umbrella registration, the information in Item 1 should be
    provided for the filing adviser only. General Instruction 5 provides information to assist you with filing an umbrella registration.
    A. Your full legal name (if you are a sole proprietor, your last, first, and middle names):
    NOTION CAPITAL MANAGERS LLP
    B. (1) Name under which you primarily conduct your advisory business, if different from Item 1.A.
    NOTION CAPITAL
    List on Section 1.B. of Schedule D any additional names under which you conduct your advisory business.
    (2) If you are using this Form ADV to register more than one investment adviser under an umbrella registration, check this box
    If you check this box, complete a Schedule R for each relying adviser.
    C. If this filing is reporting a change in your legal name (Item 1.A.) or primary business name (Item 1.B.(1)), enter the new name and specify whether the name change is of
    your legal name or your primary business name:
    D. (1) If you are registered with the SEC as an investment adviser, your SEC file number:
    (2) If you report to the SEC as an exempt reporting adviser, your SEC file number: 802-117151
    (3) If you have one or more Central Index Key numbers assigned by the SEC (“CIK Numbers”), all of your CIK numbers:
    No Information Filed
    E. (1) If you have a number (“CRD Number”) assigned by the FINRA’s CRD system or by the IARD system, your CRD number: 301084
    If your firm does not have a CRD number, skip this Item 1.E. Do not provide the CRD number of one of your officers, employees, or affiliates.
    (2) If you have additional CRD Numbers, your additional CRD numbers:
    No Information Filed
    F. Principal Office and Place of Business
    (1) Address (do not use a P.O. Box):
    Number and Street 1:
    91 WIMPOLE STREET
    Number and Street 2:
    City:
    LONDON
    State: Country:
    United Kingdom
    ZIP+4/Postal Code:
    W1G 0EF
    If this address is a private residence, check this box:
    List on Section 1.F. of Schedule D any office, other than your principal office and place of business, at which you conduct investment advisory business. If you are applying for
    registration, or are registered, with one or more state securities authorities, you must list all of your offices in the state or states to which you are applying for registration or with
    whom you are registered. If you are applying for SEC registration, if you are registered only with the SEC, or if you are reporting to the SEC as an exempt reporting adviser, list
    the largest twenty-five offices in terms of numbers of employees as of the end of your most recently completed fiscal year.
    (2) Days of week that you normally conduct business at your principal office and place of business:
    Monday – Friday Other:
    Normal business hours at this location:
    09:00 – 17:30
    (3) Telephone number at this location:
    +447919881986
    (4) Facsimile number at this location, if any:
    (5) What is the total number of offices, other than your principal office and place of business, at which you conduct investment advisory business as of the end of your most
    recently completed fiscal year?
    0
    G. Mailing address, if different from your principal office and place of business address:
    Number and Street 1: Number and Street 2:
    City: State: Country: ZIP+4/Postal Code:
    If this address is a private residence, check this box:
    H. If you are a sole proprietor, state your full residence address, if different from your principal office and place of business address in Item 1.F.:
    Number and Street 1: Number and Street 2:
    City: State: Country: ZIP+4/Postal Code:
    Yes No
    I. Do you have one or more websites or accounts on publicly available social media platforms (including, but not limited to, Twitter, Facebook and LinkedIn)?
    If “yes,” list all firm website addresses and the address for each of the firm’s accounts on publicly available social media platforms on Section 1.I. of Schedule D. If a website
    address serves as a portal through which to access other information you have published on the web, you may list the portal without listing addresses for all of the other
    information. You may need to list more than one portal address. Do not provide the addresses of websites or accounts on publicly available social media platforms where you do
    not control the content. Do not provide the individual electronic mail (e-mail) addresses of employees or the addresses of employee accounts on publicly available social media
    platforms.
    J. Chief Compliance Officer
    (1) Provide the name and contact information of your Chief Compliance Officer. If you are an exempt reporting adviser, you must provide the contact information for your Chief
    Compliance Officer, if you have one. If not, you must complete Item 1.K. below.
    Name: Other titles, if any:
    Telephone number: Facsimile number, if any:
    Number and Street 1: Number and Street 2:
    City: State: Country: ZIP+4/Postal Code:
    Electronic mail (e-mail) address, if Chief Compliance Officer has one:
    (2) If your Chief Compliance Officer is compensated or employed by any person other than you, a related person or an investment company registered under the Investment
    Company Act of 1940 that you advise for providing chief compliance officer services to you, provide the person’s name and IRS Employer Identification Number (if any):
    Name:
    IRS Employer Identification Number:
    K. Additional Regulatory Contact Person: If a person other than the Chief Compliance Officer is authorized to receive information and respond to questions about this Form ADV, you
    may provide that information here.
    Name: Titles:
    Telephone number: Facsimile number, if any:
    Number and Street 1: Number and Street 2:
    City: State: Country: ZIP+4/Postal Code:
    Electronic mail (e-mail) address, if contact person has one:
    Yes No
    L. Do you maintain some or all of the books and records you are required to keep under Section 204 of the Advisers Act, or similar state law, somewhere other than your
    principal office and place of business?
    If “yes,” complete Section 1.L. of Schedule D.
    Yes No
    M. Are you registered with a foreign financial regulatory authority?
    Answer “no” if you are not registered with a foreign financial regulatory authority, even if you have an affiliate that is registered with a foreign financial regulatory authority. If “yes,”
    complete Section 1.M. of Schedule D.
    Yes No
    N. Are you a public reporting company under Sections 12 or 15(d) of the Securities Exchange Act of 1934?
    Yes No
    O. Did you have $1 billion or more in assets on the last day of your most recent fiscal year?
    If yes, what is the approximate amount of your assets:
    $1 billion to less than $10 billion
    $10 billion to less than $50 billion
    $50 billion or more
    For purposes of Item 1.O. only, “assets” refers to your total assets, rather than the assets you manage on behalf of clients. Determine your total assets using the total assets shown
    on the balance sheet for your most recent fiscal year end.
    P. Provide your Legal Entity Identifier if you have one:
    A legal entity identifier is a unique number that companies use to identify each other in the financial marketplace. You may not have a legal entity identifier.
    SECTION 1.B. Other Business Names
    No Information Filed
    SECTION 1.F. Other Offices
    No Information Filed
    SECTION 1.I. Website Addresses
    List your website addresses, including addresses for accounts on publicly available social media platforms where you control the content (including, but not limited to, Twitter,
    Facebook and/or LinkedIn). You must complete a separate Schedule D Section 1.I. for each website or account on a publicly available social media platform.
    Address of Website/Account on Publicly Available Social Media Platform: https://notion.vc/
    SECTION 1.L. Location of Books and Records
    No Information Filed
    SECTION 1.M. Registration with Foreign Financial Regulatory Authorities
    List the name and country, in English, of each foreign financial regulatory authority with which you are registered. You must complete a separate Schedule D Section 1.M. for each
    foreign financial regulatory authority with whom you are registered.
    Name of Country/Foreign Financial Regulatory Authority:
    United Kingdom – Financial Conduct Authority
    Other:
    Item 2 SEC Registration/Reporting
    SEC Reporting by Exempt Reporting Advisers
    B. Complete this Item 2.B. only if you are reporting to the SEC as an exempt reporting adviser. Check all that apply. You:
    (1) qualify for the exemption from registration as an adviser solely to one or more venture capital funds, as defined in rule 203(l)-1;
    (2) qualify for the exemption from registration because you act solely as an adviser to private funds and have assets under management, as defined in rule 203(m)-1, in the
    United States of less than $150 million;
    (3) act solely as an adviser to private funds but you are no longer eligible to check box 2.B.(2) because you have assets under management, as defined in rule 203(m)-1, in
    the United States of $150 million or more.
    If you check box (2) or (3), complete Section 2.B. of Schedule D.
    SECTION 2.B. Private Fund Assets
    If you check Item 2.B.(2) or (3), what is the amount of the private fund assets that you manage? $ 321002333
    NOTE: “Private fund assets” has the same meaning here as it has under rule 203(m)-1. If you are an investment adviser with its principal office and place of business outside the
    United States only include private fund assets that you manage at a place of business in the United States.
    Item 3 Form of Organization
    If you are filing an umbrella registration, the information in Item 3 should be provided for the filing adviser only.
    A. How are you organized?
    Corporation
    Sole Proprietorship
    Limited Liability Partnership (LLP)
    Partnership
    Limited Liability Company (LLC)
    Limited Partnership (LP)
    Other (specify):
    If you are changing your response to this Item, see Part 1A Instruction 4.
    B. In what month does your fiscal year end each year?
    MARCH
    C. Under the laws of what state or country are you organized?
    State Country
    United Kingdom
    If you are a partnership, provide the name of the state or country under whose laws your partnership was formed. If you are a sole proprietor, provide the name of the state or
    country where you reside.
    If you are changing your response to this Item, see Part 1A Instruction 4.
    Item 6 Other Business Activities
    In this Item, we request information about your firm’s other business activities.
    A. You are actively engaged in business as a (check all that apply):
    (1) broker-dealer (registered or unregistered)
    (2) registered representative of a broker-dealer
    (3) commodity pool operator or commodity trading advisor (whether registered or exempt from registration)
    (4) futures commission merchant
    (5) real estate broker, dealer, or agent
    (6) insurance broker or agent
    (7) bank (including a separately identifiable department or division of a bank)
    (8) trust company
    (9) registered municipal advisor
    (10) registered security-based swap dealer
    (11) major security-based swap participant
    (12) accountant or accounting firm
    (13) lawyer or law firm
    (14) other financial product salesperson (specify):
    If you engage in other business using a name that is different from the names reported in Items 1.A. or 1.B.(1), complete Section 6.A. of Schedule D.
    Yes No
    B. (1) Are you actively engaged in any other business not listed in Item 6.A. (other than giving investment advice)?
    (2) If yes, is this other business your primary business?
    If “yes,” describe this other business on Section 6.B.(2) of Schedule D, and if you engage in this business under a different name, provide that name.
    Yes No
    (3) Do you sell products or provide services other than investment advice to your advisory clients?
    If “yes,” describe this other business on Section 6.B.(3) of Schedule D, and if you engage in this business under a different name, provide that name.
    SECTION 6.A. Names of Your Other Businesses
    No Information Filed
    SECTION 6.B.(2) Description of Primary Business
    Describe your primary business (not your investment advisory business):
    If you engage in that business under a different name, provide that name:
    SECTION 6.B.(3) Description of Other Products and Services
    Describe other products or services you sell to your client. You may omit products and services that you listed in Section 6.B.(2) above.
    If you engage in that business under a different name, provide that name:
    Item 7 Financial Industry Affiliations
    In this Item, we request information about your financial industry affiliations and activities. This information identifies areas in which conflicts of interest may occur between you and
    your clients.
    A. This part of Item 7 requires you to provide information about you and your related persons, including foreign affiliates. Your related persons are all of your advisory affiliates and any
    person that is under common control with you.
    You have a related person that is a (check all that apply):
    (1) broker-dealer, municipal securities dealer, or government securities broker or dealer (registered or unregistered)
    (2) other investment adviser (including financial planners)
    (3) registered municipal advisor
    (4) registered security-based swap dealer
    (5) major security-based swap participant
    (6) commodity pool operator or commodity trading advisor (whether registered or exempt from registration)
    (7) futures commission merchant
    (8) banking or thrift institution
    (9) trust company
    (10) accountant or accounting firm
    (11) lawyer or law firm
    (12) insurance company or agency
    (13) pension consultant
    (14) real estate broker or dealer
    (15) sponsor or syndicator of limited partnerships (or equivalent), excluding pooled investment vehicles
    (16) sponsor, general partner, managing member (or equivalent) of pooled investment vehicles
    Note that Item 7.A. should not be used to disclose that some of your employees perform investment advisory functions or are registered representatives of a broker-dealer. The
    number of your firm’s employees who perform investment advisory functions should be disclosed under Item 5.B.(1). The number of your firm’s employees who are registered
    representatives of a broker-dealer should be disclosed under Item 5.B.(2).
    Note that if you are filing an umbrella registration, you should not check Item 7.A.(2) with respect to your relying advisers, and you do not have to complete Section 7.A. in
    Schedule D for your relying advisers. You should complete a Schedule R for each relying adviser.
    For each related person, including foreign affiliates that may not be registered or required to be registered in the United States, complete Section 7.A. of Schedule D.
    You do not need to complete Section 7.A. of Schedule D for any related person if: (1) you have no business dealings with the related person in connection with advisory services
    you provide to your clients; (2) you do not conduct shared operations with the related person; (3) you do not refer clients or business to the related person, and the related person
    does not refer prospective clients or business to you; (4) you do not share supervised persons or premises with the related person; and (5) you have no reason to believe that
    your relationship with the related person otherwise creates a conflict of interest with your clients.
    You must complete Section 7.A. of Schedule D for each related person acting as qualified custodian in connection with advisory services you provide to your clients (other than
    any mutual fund transfer agent pursuant to rule 206(4)-2(b)(1)), regardless of whether you have determined the related person to be operationally independent under rule
    206(4)-2 of the Advisers Act.
    SECTION 7.A. Financial Industry Affiliations
    No Information Filed
    Item 7 Private Fund Reporting
    Yes No
    B. Are you an adviser to any private fund?
    If “yes,” then for each private fund that you advise, you must complete a Section 7.B.(1) of Schedule D, except in certain circumstances described in the next sentence and in
    Instruction 6 of the Instructions to Part 1A. If you are registered or applying for registration with the SEC or reporting as an SEC exempt reporting adviser, and another SEC-registered
    adviser or SEC exempt reporting adviser reports this information with respect to any such private fund in Section 7.B.(1) of Schedule D of its Form ADV (e.g., if you are a subadviser),
    do not complete Section 7.B.(1) of Schedule D with respect to that private fund. You must, instead, complete Section 7.B.(2) of Schedule D.
    In either case, if you seek to preserve the anonymity of a private fund client by maintaining its identity in your books and records in numerical or alphabetical code, or similar
    designation, pursuant to rule 204-2(d), you may identify the private fund in Section 7.B.(1) or 7.B.(2) of Schedule D using the same code or designation in place of the fund’s name.
    SECTION 7.B.(1) Private Fund Reporting
    A. PRIVATE FUND
    Information About the Private Fund
  14. (a) Name of the private fund:
    NOTION CAPITAL 2 LP
    (b) Private fund identification number:
    (include the “805-” prefix also)
    805-6271914669
  15. Under the laws of what state or country is the private fund organized:
    State: Country:
    United Kingdom
  16. (a) Name(s) of General Partner, Manager, Trustee, or Directors (or persons serving in a similar capacity):
    Name of General Partner, Manager, Trustee, or Director
    NOTION CAPITAL MANAGERS LLP
    (b) If filing an umbrella registration, identify the filing adviser and/or relying adviser(s) that sponsor(s) or manage(s) this private fund.
    No Information Filed
  17. The private fund (check all that apply; you must check at least one):
    (1) qualifies for the exclusion from the definition of investment company under section 3(c)(1) of the Investment Company Act of 1940
    (2) qualifies for the exclusion from the definition of investment company under section 3(c)(7) of the Investment Company Act of 1940
  18. List the name and country, in English, of each foreign financial regulatory authority with which the private fund is registered.
    No Information Filed
    Yes No
  19. (a) Is this a “master fund” in a master-feeder arrangement?
    (b) If yes, what is the name and private fund identification number (if any) of the feeder funds investing in this private fund?
    No Information Filed
    Yes No
    (c) Is this a “feeder fund” in a master-feeder arrangement?
    (d) If yes, what is the name and private fund identification number (if any) of the master fund in which this private fund invests?
    Name of private fund:
    Private fund identification number:
    (include the “805-” prefix also)
    NOTE: You must complete question 6 for each master-feeder arrangement regardless of whether you are filing a single Schedule D, Section 7.B.(1) for the master-feeder
    arrangement or reporting on the funds separately.
  20. If you are filing a single Schedule D, Section 7.B.(1) for a master-feeder arrangement according to the instructions to this Section 7.B.(1), for each of the feeder funds answer
    the following questions:
    No Information Filed
    NOTE: For purposes of questions 6 and 7, in a master-feeder arrangement, one or more funds (“feeder funds”) invest all or substantially all of their assets in a single fund
    (“master fund”). A fund would also be a “feeder fund” investing in a “master fund” for purposes of this question if it issued multiple classes (or series) of shares or interests,
    and each class (or series) invests substantially all of its assets in a single master fund.
    Yes No
  21. (a) Is this private fund a “fund of funds”?
    NOTE: For purposes of this question only, answer “yes” if the fund invests 10 percent or more of its total assets in other pooled investment vehicles, regardless of whether
    they are also private funds or registered investment companies.
    (b) If yes, does the private fund invest in funds managed by you or by a related person?
    Yes No
  22. During your last fiscal year, did the private fund invest in securities issued by investment companies registered under the Investment Company Act of 1940 (other
    than “money market funds,” to the extent provided in Instruction 6.e.)?
  23. What type of fund is the private fund?
    hedge fund liquidity fund private equity fund real estate fund securitized asset fund venture capital fund Other private fund:
    NOTE: For definitions of these fund types, please see Instruction 6 of the Instructions to Part 1A.
  24. Current gross asset value of the private fund:
    $ 79,829,349
    Ownership
  25. Minimum investment commitment required of an investor in the private fund:
    $ 1
    NOTE: Report the amount routinely required of investors who are not your related persons (even if different from the amount set forth in the organizational documents of the
    fund).
  26. Approximate number of the private fund’s beneficial owners:
    45
  27. What is the approximate percentage of the private fund beneficially owned by you and your related persons:
    6%
  28. (a) What is the approximate percentage of the private fund beneficially owned (in the aggregate) by funds of funds:
    77%
    Yes No
    (b) If the private fund qualifies for the exclusion from the definition of investment company under section 3(c)(1) of the Investment Company Act of 1940, are sales
    of the fund limited to qualified clients?
  29. What is the approximate percentage of the private fund beneficially owned by non-United States persons:
    100%
    Your Advisory Services
    Yes No
  30. (a) Are you a subadviser to this private fund?
    (b) If the answer to question 17.(a) is “yes,” provide the name and SEC file number, if any, of the adviser of the private fund. If the answer to question 17.(a) is “no,” leave this
    question blank.
    No Information Filed
    Yes No
  31. (a) Do any investment advisers (other than the investment advisers listed in Section 7.B.(1).A.3.(b)) advise the private fund?
    (b) If the answer to question 18.(a) is “yes,” provide the name and SEC file number, if any, of the other advisers to the private fund. If the answer to question 18.(a) is “no,”
    leave this question blank.
    No Information Filed
    Yes No
  32. Are your clients solicited to invest in the private fund?
    NOTE: For purposes of this question, do not consider feeder funds of the private fund.
  33. Approximately what percentage of your clients has invested in the private fund?
    100%
    Private Offering
    Yes No
  34. Has the private fund ever relied on an exemption from registration of its securities under Regulation D of the Securities Act of 1933?
  35. If yes, provide the private fund’s Form D file number (if any):
    No Information Filed
    B. SERVICE PROVIDERS
    Auditors
    Yes No
  36. (a) (1) Are the private fund’s financial statements subject to an annual audit?
    (2) If the answer to question 23.(a)(1) is “yes,” are the financial statements prepared in accordance with U.S. GAAP?
    If the answer to question 23.(a)(1) is “yes,” respond to questions (b) through (h) below. If the private fund uses more than one auditing firm, you must complete
    questions (b) through (f) separately for each auditing firm.
    Additional Auditor Information : 1 Record(s) Filed.
    If the answer to question 23.(a)(1) is “yes,” respond to questions (b) through (h) below. If the private fund uses more than one auditing firm, you must complete
    questions (b) through (f) separately for each auditing firm.
    (b) Name of the auditing firm:
    BDO
    (c) The location of the auditing firm’s office responsible for the private fund’s audit (city, state and country):
    City:
    BRISTOL
    State: Country:
    United Kingdom
    Yes No
    (d) Is the auditing firm an independent public accountant?
    (e) Is the auditing firm registered with the Public Company Accounting Oversight Board?
    If yes, Public Company Accounting Oversight Board-Assigned Number:
    (f) If “yes” to (e) above, is the auditing firm subject to regular inspection by the Public Company Accounting Oversight Board in accordance with its rules?
    Yes No
    (g) Are the private fund’s audited financial statements for the most recently completed fiscal year distributed to the private fund’s investors?
    (h) Do all of the reports prepared by the auditing firm for the private fund since your last annual updating amendment contain unqualified opinions?
    Yes No Report Not Yet Received
    If you check “Report Not Yet Received,” you must promptly file an amendment to your Form ADV to update your response when the report is available.
    Prime Broker
    Yes No
  37. (a) Does the private fund use one or more prime brokers?
    If the answer to question 24.(a) is “yes,” respond to questions (b) through (e) below for each prime broker the private fund uses. If the private fund uses more than one
    prime broker, you must complete questions (b) through (e) separately for each prime broker.
    No Information Filed
    Custodian
    Yes No
  38. (a) Does the private fund use any custodians (including the prime brokers listed above) to hold some or all of its assets?
    If the answer to question 25.(a) is “yes,” respond to questions (b) through (g) below for each custodian the private fund uses. If the private fund uses more than one
    custodian, you must complete questions (b) through (g) separately for each custodian.
    No Information Filed
    Administrator
    Yes No
  39. (a) Does the private fund use an administrator other than your firm?
    If the answer to question 26.(a) is “yes,” respond to questions (b) through (f) below. If the private fund uses more than one administrator, you must complete questions
    (b) through (f) separately for each administrator.
    Additional Administrator Information : 1 Record(s) Filed.
    If the answer to question 26.(a) is “yes,” respond to questions (b) through (f) below. If the private fund uses more than one administrator, you must complete
    questions (b) through (f) separately for each administrator.
    (b) Name of administrator:
    LANGHAM HALL
    (c) Location of administrator (city, state and country):
    City:
    LONDON
    State: Country:
    United Kingdom
    Yes No
    (d) Is the administrator a related person of your firm?
    (e) Does the administrator prepare and send investor account statements to the private fund’s investors?
    Yes (provided to all investors) Some (provided to some but not all investors) No (provided to no investors)
    (f) If the answer to question 26.(e) is “no” or “some,” who sends the investor account statements to the (rest of the) private fund’s investors? If investor account
    statements are not sent to the (rest of the) private fund’s investors, respond “not applicable.”
  40. During your last fiscal year, what percentage of the private fund’s assets (by value) was valued by a person, such as an administrator, that is not your related person?
    0%
    Include only those assets where (i) such person carried out the valuation procedure established for that asset, if any, including obtaining any relevant quotes, and (ii) the
    valuation used for purposes of investor subscriptions, redemptions or distributions, and fee calculations (including allocations) was the valuation determined by such
    person.
    Marketers
    Yes No
  41. (a) Does the private fund use the services of someone other than you or your employees for marketing purposes?
    You must answer “yes” whether the person acts as a placement agent, consultant, finder, introducer, municipal advisor or other solicitor, or similar person. If the answer
    to question 28.(a) is “yes,” respond to questions (b) through (g) below for each such marketer the private fund uses. If the private fund uses more than one marketer you
    must complete questions (b) through (g) separately for each marketer.
    No Information Filed
    A. PRIVATE FUND
    Information About the Private Fund
  42. (a) Name of the private fund:
    NOTION CAPITAL III LP
    (b) Private fund identification number:
    (include the “805-” prefix also)
    805-7804679333
  43. Under the laws of what state or country is the private fund organized:
    State: Country:
    United Kingdom
  44. (a) Name(s) of General Partner, Manager, Trustee, or Directors (or persons serving in a similar capacity):
    Name of General Partner, Manager, Trustee, or Director
    NOTION CAPITAL MANAGERS LLP
    (b) If filing an umbrella registration, identify the filing adviser and/or relying adviser(s) that sponsor(s) or manage(s) this private fund.
    No Information Filed
  45. The private fund (check all that apply; you must check at least one):
    (1) qualifies for the exclusion from the definition of investment company under section 3(c)(1) of the Investment Company Act of 1940
    (2) qualifies for the exclusion from the definition of investment company under section 3(c)(7) of the Investment Company Act of 1940
  46. List the name and country, in English, of each foreign financial regulatory authority with which the private fund is registered.
    No Information Filed
    Yes No
  47. (a) Is this a “master fund” in a master-feeder arrangement?
    (b) If yes, what is the name and private fund identification number (if any) of the feeder funds investing in this private fund?
    No Information Filed
    Yes No
    (c) Is this a “feeder fund” in a master-feeder arrangement?
    (d) If yes, what is the name and private fund identification number (if any) of the master fund in which this private fund invests?
    Name of private fund:
    Private fund identification number:
    (include the “805-” prefix also)
    NOTE: You must complete question 6 for each master-feeder arrangement regardless of whether you are filing a single Schedule D, Section 7.B.(1) for the master-feeder
    arrangement or reporting on the funds separately.
  48. If you are filing a single Schedule D, Section 7.B.(1) for a master-feeder arrangement according to the instructions to this Section 7.B.(1), for each of the feeder funds answer
    the following questions:
    No Information Filed
    NOTE: For purposes of questions 6 and 7, in a master-feeder arrangement, one or more funds (“feeder funds”) invest all or substantially all of their assets in a single fund
    (“master fund”). A fund would also be a “feeder fund” investing in a “master fund” for purposes of this question if it issued multiple classes (or series) of shares or interests,
    and each class (or series) invests substantially all of its assets in a single master fund.
    Yes No
  49. (a) Is this private fund a “fund of funds”?
    NOTE: For purposes of this question only, answer “yes” if the fund invests 10 percent or more of its total assets in other pooled investment vehicles, regardless of whether
    they are also private funds or registered investment companies.
    (b) If yes, does the private fund invest in funds managed by you or by a related person?
    Yes No
  50. During your last fiscal year, did the private fund invest in securities issued by investment companies registered under the Investment Company Act of 1940 (other
    than “money market funds,” to the extent provided in Instruction 6.e.)?
  51. What type of fund is the private fund?
    hedge fund liquidity fund private equity fund real estate fund securitized asset fund venture capital fund Other private fund:
    NOTE: For definitions of these fund types, please see Instruction 6 of the Instructions to Part 1A.
  52. Current gross asset value of the private fund:
    $ 139,161,309
    Ownership
  53. Minimum investment commitment required of an investor in the private fund:
    $ 1
    NOTE: Report the amount routinely required of investors who are not your related persons (even if different from the amount set forth in the organizational documents of the
    fund).
  54. Approximate number of the private fund’s beneficial owners:
    37
  55. What is the approximate percentage of the private fund beneficially owned by you and your related persons:
    5%
  56. (a) What is the approximate percentage of the private fund beneficially owned (in the aggregate) by funds of funds:
    2%
    Yes No
    (b) If the private fund qualifies for the exclusion from the definition of investment company under section 3(c)(1) of the Investment Company Act of 1940, are sales
    of the fund limited to qualified clients?
  57. What is the approximate percentage of the private fund beneficially owned by non-United States persons:
    86%
    Your Advisory Services
    Yes No
  58. (a) Are you a subadviser to this private fund?
    (b) If the answer to question 17.(a) is “yes,” provide the name and SEC file number, if any, of the adviser of the private fund. If the answer to question 17.(a) is “no,” leave this
    question blank.
    No Information Filed
    Yes No
  59. (a) Do any investment advisers (other than the investment advisers listed in Section 7.B.(1).A.3.(b)) advise the private fund?
    (b) If the answer to question 18.(a) is “yes,” provide the name and SEC file number, if any, of the other advisers to the private fund. If the answer to question 18.(a) is “no,”
    leave this question blank.
    No Information Filed
    Yes No
  60. Are your clients solicited to invest in the private fund?
    NOTE: For purposes of this question, do not consider feeder funds of the private fund.
  61. Approximately what percentage of your clients has invested in the private fund?
    100%
    Private Offering
    Yes No
  62. Has the private fund ever relied on an exemption from registration of its securities under Regulation D of the Securities Act of 1933?
  63. If yes, provide the private fund’s Form D file number (if any):
    No Information Filed
    B. SERVICE PROVIDERS
    Auditors
    Yes No
  64. (a) (1) Are the private fund’s financial statements subject to an annual audit?
    (2) If the answer to question 23.(a)(1) is “yes,” are the financial statements prepared in accordance with U.S. GAAP?
    If the answer to question 23.(a)(1) is “yes,” respond to questions (b) through (h) below. If the private fund uses more than one auditing firm, you must complete
    questions (b) through (f) separately for each auditing firm.
    Additional Auditor Information : 1 Record(s) Filed.
    If the answer to question 23.(a)(1) is “yes,” respond to questions (b) through (h) below. If the private fund uses more than one auditing firm, you must complete
    questions (b) through (f) separately for each auditing firm.
    (b) Name of the auditing firm:
    BDO
    (c) The location of the auditing firm’s office responsible for the private fund’s audit (city, state and country):
    City:
    BRISTOL
    State: Country:
    United Kingdom
    Yes No
    (d) Is the auditing firm an independent public accountant?
    (e) Is the auditing firm registered with the Public Company Accounting Oversight Board?
    If yes, Public Company Accounting Oversight Board-Assigned Number:
    (f) If “yes” to (e) above, is the auditing firm subject to regular inspection by the Public Company Accounting Oversight Board in accordance with its rules?
    Yes No
    (g) Are the private fund’s audited financial statements for the most recently completed fiscal year distributed to the private fund’s investors?
    (h) Do all of the reports prepared by the auditing firm for the private fund since your last annual updating amendment contain unqualified opinions?
    Yes No Report Not Yet Received
    If you check “Report Not Yet Received,” you must promptly file an amendment to your Form ADV to update your response when the report is available.
    Prime Broker
    Yes No
  65. (a) Does the private fund use one or more prime brokers?
    If the answer to question 24.(a) is “yes,” respond to questions (b) through (e) below for each prime broker the private fund uses. If the private fund uses more than one
    prime broker, you must complete questions (b) through (e) separately for each prime broker.
    No Information Filed
    Custodian
    Yes No
  66. (a) Does the private fund use any custodians (including the prime brokers listed above) to hold some or all of its assets?
    If the answer to question 25.(a) is “yes,” respond to questions (b) through (g) below for each custodian the private fund uses. If the private fund uses more than one
    custodian, you must complete questions (b) through (g) separately for each custodian.
    No Information Filed
    Administrator
    Yes No
  67. (a) Does the private fund use an administrator other than your firm?
    If the answer to question 26.(a) is “yes,” respond to questions (b) through (f) below. If the private fund uses more than one administrator, you must complete questions
    (b) through (f) separately for each administrator.
    Additional Administrator Information : 1 Record(s) Filed.
    If the answer to question 26.(a) is “yes,” respond to questions (b) through (f) below. If the private fund uses more than one administrator, you must complete
    questions (b) through (f) separately for each administrator.
    (b) Name of administrator:
    LANGHAM HALL
    (c) Location of administrator (city, state and country):
    City:
    LONDON
    State: Country:
    United Kingdom
    Yes No
    (d) Is the administrator a related person of your firm?
    (e) Does the administrator prepare and send investor account statements to the private fund’s investors?
    Yes (provided to all investors) Some (provided to some but not all investors) No (provided to no investors)
    (f) If the answer to question 26.(e) is “no” or “some,” who sends the investor account statements to the (rest of the) private fund’s investors? If investor account
    statements are not sent to the (rest of the) private fund’s investors, respond “not applicable.”
  68. During your last fiscal year, what percentage of the private fund’s assets (by value) was valued by a person, such as an administrator, that is not your related person?
    0%
    Include only those assets where (i) such person carried out the valuation procedure established for that asset, if any, including obtaining any relevant quotes, and (ii) the
    valuation used for purposes of investor subscriptions, redemptions or distributions, and fee calculations (including allocations) was the valuation determined by such
    person.
    Marketers
    Yes No
  69. (a) Does the private fund use the services of someone other than you or your employees for marketing purposes?
    You must answer “yes” whether the person acts as a placement agent, consultant, finder, introducer, municipal advisor or other solicitor, or similar person. If the answer
    to question 28.(a) is “yes,” respond to questions (b) through (g) below for each such marketer the private fund uses. If the private fund uses more than one marketer you
    must complete questions (b) through (g) separately for each marketer.
    No Information Filed
    A. PRIVATE FUND
    Information About the Private Fund
  70. (a) Name of the private fund:
    NOTION CAPITAL IV LP
    (b) Private fund identification number:
    (include the “805-” prefix also)
    805-2167470483
  71. Under the laws of what state or country is the private fund organized:
    State: Country:
    United Kingdom
  72. (a) Name(s) of General Partner, Manager, Trustee, or Directors (or persons serving in a similar capacity):
    Name of General Partner, Manager, Trustee, or Director
    NOTION CAPITAL MANAGERS LLP
    (b) If filing an umbrella registration, identify the filing adviser and/or relying adviser(s) that sponsor(s) or manage(s) this private fund.
    No Information Filed
  73. The private fund (check all that apply; you must check at least one):
    (1) qualifies for the exclusion from the definition of investment company under section 3(c)(1) of the Investment Company Act of 1940
    (2) qualifies for the exclusion from the definition of investment company under section 3(c)(7) of the Investment Company Act of 1940
  74. List the name and country, in English, of each foreign financial regulatory authority with which the private fund is registered.
    No Information Filed
    Yes No
  75. (a) Is this a “master fund” in a master-feeder arrangement?
    (b) If yes, what is the name and private fund identification number (if any) of the feeder funds investing in this private fund?
    No Information Filed
    Yes No
    (c) Is this a “feeder fund” in a master-feeder arrangement?
    (d) If yes, what is the name and private fund identification number (if any) of the master fund in which this private fund invests?
    Name of private fund:
    Private fund identification number:
    (include the “805-” prefix also)
    NOTE: You must complete question 6 for each master-feeder arrangement regardless of whether you are filing a single Schedule D, Section 7.B.(1) for the master-feeder
    arrangement or reporting on the funds separately.
  76. If you are filing a single Schedule D, Section 7.B.(1) for a master-feeder arrangement according to the instructions to this Section 7.B.(1), for each of the feeder funds answer
    the following questions:
    No Information Filed
    NOTE: For purposes of questions 6 and 7, in a master-feeder arrangement, one or more funds (“feeder funds”) invest all or substantially all of their assets in a single fund
    (“master fund”). A fund would also be a “feeder fund” investing in a “master fund” for purposes of this question if it issued multiple classes (or series) of shares or interests,
    and each class (or series) invests substantially all of its assets in a single master fund.
    Yes No
  77. (a) Is this private fund a “fund of funds”?
    NOTE: For purposes of this question only, answer “yes” if the fund invests 10 percent or more of its total assets in other pooled investment vehicles, regardless of whether
    they are also private funds or registered investment companies.
    (b) If yes, does the private fund invest in funds managed by you or by a related person?
    Yes No
  78. During your last fiscal year, did the private fund invest in securities issued by investment companies registered under the Investment Company Act of 1940 (other
    than “money market funds,” to the extent provided in Instruction 6.e.)?
  79. What type of fund is the private fund?
    hedge fund liquidity fund private equity fund real estate fund securitized asset fund venture capital fund Other private fund:
    NOTE: For definitions of these fund types, please see Instruction 6 of the Instructions to Part 1A.
  80. Current gross asset value of the private fund:
    $ 10,024,984
    Ownership
  81. Minimum investment commitment required of an investor in the private fund:
    $ 100,000
    NOTE: Report the amount routinely required of investors who are not your related persons (even if different from the amount set forth in the organizational documents of the
    fund).
  82. Approximate number of the private fund’s beneficial owners:
    24
  83. What is the approximate percentage of the private fund beneficially owned by you and your related persons:
    3%
  84. (a) What is the approximate percentage of the private fund beneficially owned (in the aggregate) by funds of funds:
    62%
    Yes No
    (b) If the private fund qualifies for the exclusion from the definition of investment company under section 3(c)(1) of the Investment Company Act of 1940, are sales
    of the fund limited to qualified clients?
  85. What is the approximate percentage of the private fund beneficially owned by non-United States persons:
    84%
    Your Advisory Services
    Yes No
  86. (a) Are you a subadviser to this private fund?
    (b) If the answer to question 17.(a) is “yes,” provide the name and SEC file number, if any, of the adviser of the private fund. If the answer to question 17.(a) is “no,” leave this
    question blank.
    No Information Filed
    Yes No
  87. (a) Do any investment advisers (other than the investment advisers listed in Section 7.B.(1).A.3.(b)) advise the private fund?
    (b) If the answer to question 18.(a) is “yes,” provide the name and SEC file number, if any, of the other advisers to the private fund. If the answer to question 18.(a) is “no,”
    leave this question blank.
    No Information Filed
    Yes No
  88. Are your clients solicited to invest in the private fund?
    NOTE: For purposes of this question, do not consider feeder funds of the private fund.
  89. Approximately what percentage of your clients has invested in the private fund?
    100%
    Private Offering
    Yes No
  90. Has the private fund ever relied on an exemption from registration of its securities under Regulation D of the Securities Act of 1933?
  91. If yes, provide the private fund’s Form D file number (if any):
    No Information Filed
    B. SERVICE PROVIDERS
    Auditors
    Yes No
  92. (a) (1) Are the private fund’s financial statements subject to an annual audit?
    (2) If the answer to question 23.(a)(1) is “yes,” are the financial statements prepared in accordance with U.S. GAAP?
    If the answer to question 23.(a)(1) is “yes,” respond to questions (b) through (h) below. If the private fund uses more than one auditing firm, you must complete
    questions (b) through (f) separately for each auditing firm.
    Additional Auditor Information : 1 Record(s) Filed.
    If the answer to question 23.(a)(1) is “yes,” respond to questions (b) through (h) below. If the private fund uses more than one auditing firm, you must complete
    questions (b) through (f) separately for each auditing firm.
    (b) Name of the auditing firm:
    BDO
    (c) The location of the auditing firm’s office responsible for the private fund’s audit (city, state and country):
    City:
    BRISTOL
    State: Country:
    United Kingdom
    Yes No
    (d) Is the auditing firm an independent public accountant?
    (e) Is the auditing firm registered with the Public Company Accounting Oversight Board?
    If yes, Public Company Accounting Oversight Board-Assigned Number:
    (f) If “yes” to (e) above, is the auditing firm subject to regular inspection by the Public Company Accounting Oversight Board in accordance with its rules?
    Yes No
    (g) Are the private fund’s audited financial statements for the most recently completed fiscal year distributed to the private fund’s investors?
    (h) Do all of the reports prepared by the auditing firm for the private fund since your last annual updating amendment contain unqualified opinions?
    Yes No Report Not Yet Received
    If you check “Report Not Yet Received,” you must promptly file an amendment to your Form ADV to update your response when the report is available.
    Prime Broker
    Yes No
  93. (a) Does the private fund use one or more prime brokers?
    If the answer to question 24.(a) is “yes,” respond to questions (b) through (e) below for each prime broker the private fund uses. If the private fund uses more than one
    prime broker, you must complete questions (b) through (e) separately for each prime broker.
    No Information Filed
    Custodian
    Yes No
  94. (a) Does the private fund use any custodians (including the prime brokers listed above) to hold some or all of its assets?
    If the answer to question 25.(a) is “yes,” respond to questions (b) through (g) below for each custodian the private fund uses. If the private fund uses more than one
    custodian, you must complete questions (b) through (g) separately for each custodian.
    No Information Filed
    Administrator
    Yes No
  95. (a) Does the private fund use an administrator other than your firm?
    If the answer to question 26.(a) is “yes,” respond to questions (b) through (f) below. If the private fund uses more than one administrator, you must complete questions
    (b) through (f) separately for each administrator.
    Additional Administrator Information : 1 Record(s) Filed.
    If the answer to question 26.(a) is “yes,” respond to questions (b) through (f) below. If the private fund uses more than one administrator, you must complete
    questions (b) through (f) separately for each administrator.
    (b) Name of administrator:
    LANGHAM HALL
    (c) Location of administrator (city, state and country):
    City:
    LONDON
    State: Country:
    United Kingdom
    Yes No
    (d) Is the administrator a related person of your firm?
    (e) Does the administrator prepare and send investor account statements to the private fund’s investors?
    Yes (provided to all investors) Some (provided to some but not all investors) No (provided to no investors)
    (f) If the answer to question 26.(e) is “no” or “some,” who sends the investor account statements to the (rest of the) private fund’s investors? If investor account
    statements are not sent to the (rest of the) private fund’s investors, respond “not applicable.”
  96. During your last fiscal year, what percentage of the private fund’s assets (by value) was valued by a person, such as an administrator, that is not your related person?
    0%
    Include only those assets where (i) such person carried out the valuation procedure established for that asset, if any, including obtaining any relevant quotes, and (ii) the
    valuation used for purposes of investor subscriptions, redemptions or distributions, and fee calculations (including allocations) was the valuation determined by such
    person.
    Marketers
    Yes No
  97. (a) Does the private fund use the services of someone other than you or your employees for marketing purposes?
    You must answer “yes” whether the person acts as a placement agent, consultant, finder, introducer, municipal advisor or other solicitor, or similar person. If the answer
    to question 28.(a) is “yes,” respond to questions (b) through (g) below for each such marketer the private fund uses. If the private fund uses more than one marketer you
    must complete questions (b) through (g) separately for each marketer.
    Additional Marketer Information : 4 Record(s) Filed.
    You must answer “yes” whether the person acts as a placement agent, consultant, finder, introducer, municipal advisor or other solicitor, or similar person. If the
    answer to question 28.(a) is “yes,” respond to questions (b) through (g) below for each such marketer the private fund uses. If the private fund uses more than
    one marketer, you must complete questions (b) through (g) separately for each marketer.
    Yes No
    (b) Is the marketer a related person of your firm?
    (c) Name of the marketer:
    FIONA BALCH

(d) If the marketer is registered with the SEC, its file number (e.g., 801-, 8-, or 866-):

and CRD Number (if any):
(e) Location of the marketer’s office used principally by the private fund (city, state and country):
City:
LONDON
State: Country:
United Kingdom
Yes No
(f) Does the marketer market the private fund through one or more websites?
(g) If the answer to question 28.(f) is “yes,” list the website address(es):
No Information Filed
You must answer “yes” whether the person acts as a placement agent, consultant, finder, introducer, municipal advisor or other solicitor, or similar person. If the
answer to question 28.(a) is “yes,” respond to questions (b) through (g) below for each such marketer the private fund uses. If the private fund uses more than
one marketer, you must complete questions (b) through (g) separately for each marketer.
Yes No
(b) Is the marketer a related person of your firm?
(c) Name of the marketer:
FIRST AVENUE
(d) If the marketer is registered with the SEC, its file number (e.g., 801-, 8-, or 866-):
8 – 67758
and CRD Number (if any):
145860
(e) Location of the marketer’s office used principally by the private fund (city, state and country):
City:
NEW YORK
State:
New York
Country:
United States
Yes No
(f) Does the marketer market the private fund through one or more websites?
(g) If the answer to question 28.(f) is “yes,” list the website address(es):
No Information Filed
You must answer “yes” whether the person acts as a placement agent, consultant, finder, introducer, municipal advisor or other solicitor, or similar person. If the
answer to question 28.(a) is “yes,” respond to questions (b) through (g) below for each such marketer the private fund uses. If the private fund uses more than
one marketer, you must complete questions (b) through (g) separately for each marketer.
Yes No
(b) Is the marketer a related person of your firm?
(c) Name of the marketer:
FRONTIER SOLUTIONS, LLC
(d) If the marketer is registered with the SEC, its file number (e.g., 801-, 8-, or 866-):
8 – 66972
and CRD Number (if any):
136102
(e) Location of the marketer’s office used principally by the private fund (city, state and country):
City:
RICHMOND
State:
Virginia
Country:
United States
Yes No
(f) Does the marketer market the private fund through one or more websites?
(g) If the answer to question 28.(f) is “yes,” list the website address(es):
No Information Filed
You must answer “yes” whether the person acts as a placement agent, consultant, finder, introducer, municipal advisor or other solicitor, or similar person. If the
answer to question 28.(a) is “yes,” respond to questions (b) through (g) below for each such marketer the private fund uses. If the private fund uses more than
one marketer, you must complete questions (b) through (g) separately for each marketer.
Yes No
(b) Is the marketer a related person of your firm?
(c) Name of the marketer:
JOHN R. FRITSCH AND WILLIAM T. FRITSCH- PARTNERSHIP
(d) If the marketer is registered with the SEC, its file number (e.g., 801-, 8-, or 866-):
8 – 51677
and CRD Number (if any):
46958
(e) Location of the marketer’s office used principally by the private fund (city, state and country):
City:
NEWYORK
State:
New York
Country:
United States
Yes No
(f) Does the marketer market the private fund through one or more websites?
(g) If the answer to question 28.(f) is “yes,” list the website address(es):
Website Address
HTTP://TRITONLAKE.EXCHANGE
A. PRIVATE FUND
Information About the Private Fund

  1. (a) Name of the private fund:
    NOTION CAPITAL OPPORTUNITIES LP
    (b) Private fund identification number:
    (include the “805-” prefix also)
    805-8478133681
  2. Under the laws of what state or country is the private fund organized:
    State: Country:
    United Kingdom
  3. (a) Name(s) of General Partner, Manager, Trustee, or Directors (or persons serving in a similar capacity):
    Name of General Partner, Manager, Trustee, or Director
    NOTION CAPITAL MANAGERS LLP
    (b) If filing an umbrella registration, identify the filing adviser and/or relying adviser(s) that sponsor(s) or manage(s) this private fund.
    No Information Filed
  4. The private fund (check all that apply; you must check at least one):
    (1) qualifies for the exclusion from the definition of investment company under section 3(c)(1) of the Investment Company Act of 1940
    (2) qualifies for the exclusion from the definition of investment company under section 3(c)(7) of the Investment Company Act of 1940
  5. List the name and country, in English, of each foreign financial regulatory authority with which the private fund is registered.
    No Information Filed
    Yes No
  6. (a) Is this a “master fund” in a master-feeder arrangement?
    (b) If yes, what is the name and private fund identification number (if any) of the feeder funds investing in this private fund?
    No Information Filed
    Yes No
    (c) Is this a “feeder fund” in a master-feeder arrangement?
    (d) If yes, what is the name and private fund identification number (if any) of the master fund in which this private fund invests?
    Name of private fund:
    Private fund identification number:
    (include the “805-” prefix also)
    NOTE: You must complete question 6 for each master-feeder arrangement regardless of whether you are filing a single Schedule D, Section 7.B.(1) for the master-feeder
    arrangement or reporting on the funds separately.
  7. If you are filing a single Schedule D, Section 7.B.(1) for a master-feeder arrangement according to the instructions to this Section 7.B.(1), for each of the feeder funds answer
    the following questions:
    No Information Filed
    NOTE: For purposes of questions 6 and 7, in a master-feeder arrangement, one or more funds (“feeder funds”) invest all or substantially all of their assets in a single fund
    (“master fund”). A fund would also be a “feeder fund” investing in a “master fund” for purposes of this question if it issued multiple classes (or series) of shares or interests,
    and each class (or series) invests substantially all of its assets in a single master fund.
    Yes No
  8. (a) Is this private fund a “fund of funds”?
    NOTE: For purposes of this question only, answer “yes” if the fund invests 10 percent or more of its total assets in other pooled investment vehicles, regardless of whether
    they are also private funds or registered investment companies.
    (b) If yes, does the private fund invest in funds managed by you or by a related person?
    Yes No
  9. During your last fiscal year, did the private fund invest in securities issued by investment companies registered under the Investment Company Act of 1940 (other
    than “money market funds,” to the extent provided in Instruction 6.e.)?
  10. What type of fund is the private fund?
    hedge fund liquidity fund private equity fund real estate fund securitized asset fund venture capital fund Other private fund:
    NOTE: For definitions of these fund types, please see Instruction 6 of the Instructions to Part 1A.
  11. Current gross asset value of the private fund:
    $ 52,491,000
    Ownership
  12. Minimum investment commitment required of an investor in the private fund:
    $ 1
    NOTE: Report the amount routinely required of investors who are not your related persons (even if different from the amount set forth in the organizational documents of the
    fund).
  13. Approximate number of the private fund’s beneficial owners:
    11
  14. What is the approximate percentage of the private fund beneficially owned by you and your related persons:
    2%
  15. (a) What is the approximate percentage of the private fund beneficially owned (in the aggregate) by funds of funds:
    97%
    Yes No
    (b) If the private fund qualifies for the exclusion from the definition of investment company under section 3(c)(1) of the Investment Company Act of 1940, are sales
    of the fund limited to qualified clients?
  16. What is the approximate percentage of the private fund beneficially owned by non-United States persons:
    94%
    Your Advisory Services
    Yes No
  17. (a) Are you a subadviser to this private fund?
    (b) If the answer to question 17.(a) is “yes,” provide the name and SEC file number, if any, of the adviser of the private fund. If the answer to question 17.(a) is “no,” leave this
    question blank.
    No Information Filed
    Yes No
  18. (a) Do any investment advisers (other than the investment advisers listed in Section 7.B.(1).A.3.(b)) advise the private fund?
    (b) If the answer to question 18.(a) is “yes,” provide the name and SEC file number, if any, of the other advisers to the private fund. If the answer to question 18.(a) is “no,”
    leave this question blank.
    No Information Filed
    Yes No
  19. Are your clients solicited to invest in the private fund?
    NOTE: For purposes of this question, do not consider feeder funds of the private fund.
  20. Approximately what percentage of your clients has invested in the private fund?
    100%
    Private Offering
    Yes No
  21. Has the private fund ever relied on an exemption from registration of its securities under Regulation D of the Securities Act of 1933?
  22. If yes, provide the private fund’s Form D file number (if any):
    No Information Filed
    B. SERVICE PROVIDERS
    Auditors
    Yes No
  23. (a) (1) Are the private fund’s financial statements subject to an annual audit?
    (2) If the answer to question 23.(a)(1) is “yes,” are the financial statements prepared in accordance with U.S. GAAP?
    If the answer to question 23.(a)(1) is “yes,” respond to questions (b) through (h) below. If the private fund uses more than one auditing firm, you must complete
    questions (b) through (f) separately for each auditing firm.
    Additional Auditor Information : 1 Record(s) Filed.
    If the answer to question 23.(a)(1) is “yes,” respond to questions (b) through (h) below. If the private fund uses more than one auditing firm, you must complete
    questions (b) through (f) separately for each auditing firm.
    (b) Name of the auditing firm:
    DELOITTE
    (c) The location of the auditing firm’s office responsible for the private fund’s audit (city, state and country):
    City:
    LONDON
    State: Country:
    United Kingdom
    Yes No
    FORM ADV
    UNIFORM APPLICATION FOR INVESTMENT ADVISER REGISTRATION AND REPORT BY EXEMPT REPORTING ADVISERS
    Primary Business Name: NOTION CAPITAL CRD Number: 301084
    Annual Amendment – All Sections Rev. 03/2020
    4/23/2020 10:38:35 AM
    WARNING: Complete this form truthfully. False statements or omissions may result in denial of your application, revocation of your registration, or criminal prosecution. You must
    keep this form updated by filing periodic amendments. See Form ADV General Instruction 4.
    Item 1 Identifying Information
    Responses to this Item tell us who you are, where you are doing business, and how we can contact you. If you are filing an umbrella registration, the information in Item 1 should be
    provided for the filing adviser only. General Instruction 5 provides information to assist you with filing an umbrella registration.
    A. Your full legal name (if you are a sole proprietor, your last, first, and middle names):
    NOTION CAPITAL MANAGERS LLP
    B. (1) Name under which you primarily conduct your advisory business, if different from Item 1.A.
    NOTION CAPITAL
    List on Section 1.B. of Schedule D any additional names under which you conduct your advisory business.
    (2) If you are using this Form ADV to register more than one investment adviser under an umbrella registration, check this box
    If you check this box, complete a Schedule R for each relying adviser.
    C. If this filing is reporting a change in your legal name (Item 1.A.) or primary business name (Item 1.B.(1)), enter the new name and specify whether the name change is of
    your legal name or your primary business name:
    D. (1) If you are registered with the SEC as an investment adviser, your SEC file number:
    (2) If you report to the SEC as an exempt reporting adviser, your SEC file number: 802-117151
    (3) If you have one or more Central Index Key numbers assigned by the SEC (“CIK Numbers”), all of your CIK numbers:
    No Information Filed
    E. (1) If you have a number (“CRD Number”) assigned by the FINRA’s CRD system or by the IARD system, your CRD number: 301084
    If your firm does not have a CRD number, skip this Item 1.E. Do not provide the CRD number of one of your officers, employees, or affiliates.
    (2) If you have additional CRD Numbers, your additional CRD numbers:
    No Information Filed
    F. Principal Office and Place of Business
    (1) Address (do not use a P.O. Box):
    Number and Street 1:
    91 WIMPOLE STREET
    Number and Street 2:
    City:
    LONDON
    State: Country:
    United Kingdom
    ZIP+4/Postal Code:
    W1G 0EF
    If this address is a private residence, check this box:
    List on Section 1.F. of Schedule D any office, other than your principal office and place of business, at which you conduct investment advisory business. If you are applying for
    registration, or are registered, with one or more state securities authorities, you must list all of your offices in the state or states to which you are applying for registration or with
    whom you are registered. If you are applying for SEC registration, if you are registered only with the SEC, or if you are reporting to the SEC as an exempt reporting adviser, list
    the largest twenty-five offices in terms of numbers of employees as of the end of your most recently completed fiscal year.
    (2) Days of week that you normally conduct business at your principal office and place of business:
    Monday – Friday Other:
    Normal business hours at this location:
    09:00 – 17:30
    (3) Telephone number at this location:
    +447919881986
    (4) Facsimile number at this location, if any:
    (5) What is the total number of offices, other than your principal office and place of business, at which you conduct investment advisory business as of the end of your most
    recently completed fiscal year?
    0
    G. Mailing address, if different from your principal office and place of business address:
    Number and Street 1: Number and Street 2:
    City: State: Country: ZIP+4/Postal Code:
    If this address is a private residence, check this box:
    H. If you are a sole proprietor, state your full residence address, if different from your principal office and place of business address in Item 1.F.:
    Number and Street 1: Number and Street 2:
    City: State: Country: ZIP+4/Postal Code:
    Yes No
    I. Do you have one or more websites or accounts on publicly available social media platforms (including, but not limited to, Twitter, Facebook and LinkedIn)?
    If “yes,” list all firm website addresses and the address for each of the firm’s accounts on publicly available social media platforms on Section 1.I. of Schedule D. If a website
    address serves as a portal through which to access other information you have published on the web, you may list the portal without listing addresses for all of the other
    information. You may need to list more than one portal address. Do not provide the addresses of websites or accounts on publicly available social media platforms where you do
    not control the content. Do not provide the individual electronic mail (e-mail) addresses of employees or the addresses of employee accounts on publicly available social media
    platforms.
    J. Chief Compliance Officer
    (1) Provide the name and contact information of your Chief Compliance Officer. If you are an exempt reporting adviser, you must provide the contact information for your Chief
    Compliance Officer, if you have one. If not, you must complete Item 1.K. below.
    Name: Other titles, if any:
    Telephone number: Facsimile number, if any:
    Number and Street 1: Number and Street 2:
    City: State: Country: ZIP+4/Postal Code:
    Electronic mail (e-mail) address, if Chief Compliance Officer has one:
    (2) If your Chief Compliance Officer is compensated or employed by any person other than you, a related person or an investment company registered under the Investment
    Company Act of 1940 that you advise for providing chief compliance officer services to you, provide the person’s name and IRS Employer Identification Number (if any):
    Name:
    IRS Employer Identification Number:
    K. Additional Regulatory Contact Person: If a person other than the Chief Compliance Officer is authorized to receive information and respond to questions about this Form ADV, you
    may provide that information here.
    Name: Titles:
    Telephone number: Facsimile number, if any:
    Number and Street 1: Number and Street 2:
    City: State: Country: ZIP+4/Postal Code:
    Electronic mail (e-mail) address, if contact person has one:
    Yes No
    L. Do you maintain some or all of the books and records you are required to keep under Section 204 of the Advisers Act, or similar state law, somewhere other than your
    principal office and place of business?
    If “yes,” complete Section 1.L. of Schedule D.
    Yes No
    M. Are you registered with a foreign financial regulatory authority?
    Answer “no” if you are not registered with a foreign financial regulatory authority, even if you have an affiliate that is registered with a foreign financial regulatory authority. If “yes,”
    complete Section 1.M. of Schedule D.
    Yes No
    N. Are you a public reporting company under Sections 12 or 15(d) of the Securities Exchange Act of 1934?
    Yes No
    O. Did you have $1 billion or more in assets on the last day of your most recent fiscal year?
    If yes, what is the approximate amount of your assets:
    $1 billion to less than $10 billion
    $10 billion to less than $50 billion
    $50 billion or more
    For purposes of Item 1.O. only, “assets” refers to your total assets, rather than the assets you manage on behalf of clients. Determine your total assets using the total assets shown
    on the balance sheet for your most recent fiscal year end.
    P. Provide your Legal Entity Identifier if you have one:
    A legal entity identifier is a unique number that companies use to identify each other in the financial marketplace. You may not have a legal entity identifier.
    SECTION 1.B. Other Business Names
    No Information Filed
    SECTION 1.F. Other Offices
    No Information Filed
    SECTION 1.I. Website Addresses
    List your website addresses, including addresses for accounts on publicly available social media platforms where you control the content (including, but not limited to, Twitter,
    Facebook and/or LinkedIn). You must complete a separate Schedule D Section 1.I. for each website or account on a publicly available social media platform.
    Address of Website/Account on Publicly Available Social Media Platform: https://notion.vc/
    SECTION 1.L. Location of Books and Records
    No Information Filed
    SECTION 1.M. Registration with Foreign Financial Regulatory Authorities
    List the name and country, in English, of each foreign financial regulatory authority with which you are registered. You must complete a separate Schedule D Section 1.M. for each
    foreign financial regulatory authority with whom you are registered.
    Name of Country/Foreign Financial Regulatory Authority:
    United Kingdom – Financial Conduct Authority
    Other:
    Item 2 SEC Registration/Reporting
    SEC Reporting by Exempt Reporting Advisers
    B. Complete this Item 2.B. only if you are reporting to the SEC as an exempt reporting adviser. Check all that apply. You:
    (1) qualify for the exemption from registration as an adviser solely to one or more venture capital funds, as defined in rule 203(l)-1;
    (2) qualify for the exemption from registration because you act solely as an adviser to private funds and have assets under management, as defined in rule 203(m)-1, in the
    United States of less than $150 million;
    (3) act solely as an adviser to private funds but you are no longer eligible to check box 2.B.(2) because you have assets under management, as defined in rule 203(m)-1, in
    the United States of $150 million or more.
    If you check box (2) or (3), complete Section 2.B. of Schedule D.
    SECTION 2.B. Private Fund Assets
    If you check Item 2.B.(2) or (3), what is the amount of the private fund assets that you manage? $ 321002333
    NOTE: “Private fund assets” has the same meaning here as it has under rule 203(m)-1. If you are an investment adviser with its principal office and place of business outside the
    United States only include private fund assets that you manage at a place of business in the United States.
    Item 3 Form of Organization
    If you are filing an umbrella registration, the information in Item 3 should be provided for the filing adviser only.
    A. How are you organized?
    Corporation
    Sole Proprietorship
    Limited Liability Partnership (LLP)
    Partnership
    Limited Liability Company (LLC)
    Limited Partnership (LP)
    Other (specify):
    If you are changing your response to this Item, see Part 1A Instruction 4.
    B. In what month does your fiscal year end each year?
    MARCH
    C. Under the laws of what state or country are you organized?
    State Country
    United Kingdom
    If you are a partnership, provide the name of the state or country under whose laws your partnership was formed. If you are a sole proprietor, provide the name of the state or
    country where you reside.
    If you are changing your response to this Item, see Part 1A Instruction 4.
    Item 6 Other Business Activities
    In this Item, we request information about your firm’s other business activities.
    A. You are actively engaged in business as a (check all that apply):
    (1) broker-dealer (registered or unregistered)
    (2) registered representative of a broker-dealer
    (3) commodity pool operator or commodity trading advisor (whether registered or exempt from registration)
    (4) futures commission merchant
    (5) real estate broker, dealer, or agent
    (6) insurance broker or agent
    (7) bank (including a separately identifiable department or division of a bank)
    (8) trust company
    (9) registered municipal advisor
    (10) registered security-based swap dealer
    (11) major security-based swap participant
    (12) accountant or accounting firm
    (13) lawyer or law firm
    (14) other financial product salesperson (specify):
    If you engage in other business using a name that is different from the names reported in Items 1.A. or 1.B.(1), complete Section 6.A. of Schedule D.
    Yes No
    B. (1) Are you actively engaged in any other business not listed in Item 6.A. (other than giving investment advice)?
    (2) If yes, is this other business your primary business?
    If “yes,” describe this other business on Section 6.B.(2) of Schedule D, and if you engage in this business under a different name, provide that name.
    Yes No
    (3) Do you sell products or provide services other than investment advice to your advisory clients?
    If “yes,” describe this other business on Section 6.B.(3) of Schedule D, and if you engage in this business under a different name, provide that name.
    SECTION 6.A. Names of Your Other Businesses
    No Information Filed
    SECTION 6.B.(2) Description of Primary Business
    Describe your primary business (not your investment advisory business):
    If you engage in that business under a different name, provide that name:
    SECTION 6.B.(3) Description of Other Products and Services
    Describe other products or services you sell to your client. You may omit products and services that you listed in Section 6.B.(2) above.
    If you engage in that business under a different name, provide that name:
    Item 7 Financial Industry Affiliations
    In this Item, we request information about your financial industry affiliations and activities. This information identifies areas in which conflicts of interest may occur between you and
    your clients.
    A. This part of Item 7 requires you to provide information about you and your related persons, including foreign affiliates. Your related persons are all of your advisory affiliates and any
    person that is under common control with you.
    You have a related person that is a (check all that apply):
    (1) broker-dealer, municipal securities dealer, or government securities broker or dealer (registered or unregistered)
    (2) other investment adviser (including financial planners)
    (3) registered municipal advisor
    (4) registered security-based swap dealer
    (5) major security-based swap participant
    (6) commodity pool operator or commodity trading advisor (whether registered or exempt from registration)
    (7) futures commission merchant
    (8) banking or thrift institution
    (9) trust company
    (10) accountant or accounting firm
    (11) lawyer or law firm
    (12) insurance company or agency
    (13) pension consultant
    (14) real estate broker or dealer
    (15) sponsor or syndicator of limited partnerships (or equivalent), excluding pooled investment vehicles
    (16) sponsor, general partner, managing member (or equivalent) of pooled investment vehicles
    Note that Item 7.A. should not be used to disclose that some of your employees perform investment advisory functions or are registered representatives of a broker-dealer. The
    number of your firm’s employees who perform investment advisory functions should be disclosed under Item 5.B.(1). The number of your firm’s employees who are registered
    representatives of a broker-dealer should be disclosed under Item 5.B.(2).
    Note that if you are filing an umbrella registration, you should not check Item 7.A.(2) with respect to your relying advisers, and you do not have to complete Section 7.A. in
    Schedule D for your relying advisers. You should complete a Schedule R for each relying adviser.
    For each related person, including foreign affiliates that may not be registered or required to be registered in the United States, complete Section 7.A. of Schedule D.
    You do not need to complete Section 7.A. of Schedule D for any related person if: (1) you have no business dealings with the related person in connection with advisory services
    you provide to your clients; (2) you do not conduct shared operations with the related person; (3) you do not refer clients or business to the related person, and the related person
    does not refer prospective clients or business to you; (4) you do not share supervised persons or premises with the related person; and (5) you have no reason to believe that
    your relationship with the related person otherwise creates a conflict of interest with your clients.
    You must complete Section 7.A. of Schedule D for each related person acting as qualified custodian in connection with advisory services you provide to your clients (other than
    any mutual fund transfer agent pursuant to rule 206(4)-2(b)(1)), regardless of whether you have determined the related person to be operationally independent under rule
    206(4)-2 of the Advisers Act.
    SECTION 7.A. Financial Industry Affiliations
    No Information Filed
    Item 7 Private Fund Reporting
    Yes No
    B. Are you an adviser to any private fund?
    If “yes,” then for each private fund that you advise, you must complete a Section 7.B.(1) of Schedule D, except in certain circumstances described in the next sentence and in
    Instruction 6 of the Instructions to Part 1A. If you are registered or applying for registration with the SEC or reporting as an SEC exempt reporting adviser, and another SEC-registered
    adviser or SEC exempt reporting adviser reports this information with respect to any such private fund in Section 7.B.(1) of Schedule D of its Form ADV (e.g., if you are a subadviser),
    do not complete Section 7.B.(1) of Schedule D with respect to that private fund. You must, instead, complete Section 7.B.(2) of Schedule D.
    In either case, if you seek to preserve the anonymity of a private fund client by maintaining its identity in your books and records in numerical or alphabetical code, or similar
    designation, pursuant to rule 204-2(d), you may identify the private fund in Section 7.B.(1) or 7.B.(2) of Schedule D using the same code or designation in place of the fund’s name.
    SECTION 7.B.(1) Private Fund Reporting
    A. PRIVATE FUND
    Information About the Private Fund
  24. (a) Name of the private fund:
    NOTION CAPITAL 2 LP
    (b) Private fund identification number:
    (include the “805-” prefix also)
    805-6271914669
  25. Under the laws of what state or country is the private fund organized:
    State: Country:
    United Kingdom
  26. (a) Name(s) of General Partner, Manager, Trustee, or Directors (or persons serving in a similar capacity):
    Name of General Partner, Manager, Trustee, or Director
    NOTION CAPITAL MANAGERS LLP
    (b) If filing an umbrella registration, identify the filing adviser and/or relying adviser(s) that sponsor(s) or manage(s) this private fund.
    No Information Filed
  27. The private fund (check all that apply; you must check at least one):
    (1) qualifies for the exclusion from the definition of investment company under section 3(c)(1) of the Investment Company Act of 1940
    (2) qualifies for the exclusion from the definition of investment company under section 3(c)(7) of the Investment Company Act of 1940
  28. List the name and country, in English, of each foreign financial regulatory authority with which the private fund is registered.
    No Information Filed
    Yes No
  29. (a) Is this a “master fund” in a master-feeder arrangement?
    (b) If yes, what is the name and private fund identification number (if any) of the feeder funds investing in this private fund?
    No Information Filed
    Yes No
    (c) Is this a “feeder fund” in a master-feeder arrangement?
    (d) If yes, what is the name and private fund identification number (if any) of the master fund in which this private fund invests?
    Name of private fund:
    Private fund identification number:
    (include the “805-” prefix also)
    NOTE: You must complete question 6 for each master-feeder arrangement regardless of whether you are filing a single Schedule D, Section 7.B.(1) for the master-feeder
    arrangement or reporting on the funds separately.
  30. If you are filing a single Schedule D, Section 7.B.(1) for a master-feeder arrangement according to the instructions to this Section 7.B.(1), for each of the feeder funds answer
    the following questions:
    No Information Filed
    NOTE: For purposes of questions 6 and 7, in a master-feeder arrangement, one or more funds (“feeder funds”) invest all or substantially all of their assets in a single fund
    (“master fund”). A fund would also be a “feeder fund” investing in a “master fund” for purposes of this question if it issued multiple classes (or series) of shares or interests,
    and each class (or series) invests substantially all of its assets in a single master fund.
    Yes No
  31. (a) Is this private fund a “fund of funds”?
    NOTE: For purposes of this question only, answer “yes” if the fund invests 10 percent or more of its total assets in other pooled investment vehicles, regardless of whether
    they are also private funds or registered investment companies.
    (b) If yes, does the private fund invest in funds managed by you or by a related person?
    Yes No
  32. During your last fiscal year, did the private fund invest in securities issued by investment companies registered under the Investment Company Act of 1940 (other
    than “money market funds,” to the extent provided in Instruction 6.e.)?
  33. What type of fund is the private fund?
    hedge fund liquidity fund private equity fund real estate fund securitized asset fund venture capital fund Other private fund:
    NOTE: For definitions of these fund types, please see Instruction 6 of the Instructions to Part 1A.
  34. Current gross asset value of the private fund:
    $ 79,829,349
    Ownership
  35. Minimum investment commitment required of an investor in the private fund:
    $ 1
    NOTE: Report the amount routinely required of investors who are not your related persons (even if different from the amount set forth in the organizational documents of the
    fund).
  36. Approximate number of the private fund’s beneficial owners:
    45
  37. What is the approximate percentage of the private fund beneficially owned by you and your related persons:
    6%
  38. (a) What is the approximate percentage of the private fund beneficially owned (in the aggregate) by funds of funds:
    77%
    Yes No
    (b) If the private fund qualifies for the exclusion from the definition of investment company under section 3(c)(1) of the Investment Company Act of 1940, are sales
    of the fund limited to qualified clients?
  39. What is the approximate percentage of the private fund beneficially owned by non-United States persons:
    100%
    Your Advisory Services
    Yes No
  40. (a) Are you a subadviser to this private fund?
    (b) If the answer to question 17.(a) is “yes,” provide the name and SEC file number, if any, of the adviser of the private fund. If the answer to question 17.(a) is “no,” leave this
    question blank.
    No Information Filed
    Yes No
  41. (a) Do any investment advisers (other than the investment advisers listed in Section 7.B.(1).A.3.(b)) advise the private fund?
    (b) If the answer to question 18.(a) is “yes,” provide the name and SEC file number, if any, of the other advisers to the private fund. If the answer to question 18.(a) is “no,”
    leave this question blank.
    No Information Filed
    Yes No
  42. Are your clients solicited to invest in the private fund?
    NOTE: For purposes of this question, do not consider feeder funds of the private fund.
  43. Approximately what percentage of your clients has invested in the private fund?
    100%
    Private Offering
    Yes No
  44. Has the private fund ever relied on an exemption from registration of its securities under Regulation D of the Securities Act of 1933?
  45. If yes, provide the private fund’s Form D file number (if any):
    No Information Filed
    B. SERVICE PROVIDERS
    Auditors
    Yes No
  46. (a) (1) Are the private fund’s financial statements subject to an annual audit?
    (2) If the answer to question 23.(a)(1) is “yes,” are the financial statements prepared in accordance with U.S. GAAP?
    If the answer to question 23.(a)(1) is “yes,” respond to questions (b) through (h) below. If the private fund uses more than one auditing firm, you must complete
    questions (b) through (f) separately for each auditing firm.
    Additional Auditor Information : 1 Record(s) Filed.
    If the answer to question 23.(a)(1) is “yes,” respond to questions (b) through (h) below. If the private fund uses more than one auditing firm, you must complete
    questions (b) through (f) separately for each auditing firm.
    (b) Name of the auditing firm:
    BDO
    (c) The location of the auditing firm’s office responsible for the private fund’s audit (city, state and country):
    City:
    BRISTOL
    State: Country:
    United Kingdom
    Yes No
    (d) Is the auditing firm an independent public accountant?
    (e) Is the auditing firm registered with the Public Company Accounting Oversight Board?
    If yes, Public Company Accounting Oversight Board-Assigned Number:
    (f) If “yes” to (e) above, is the auditing firm subject to regular inspection by the Public Company Accounting Oversight Board in accordance with its rules?
    Yes No
    (g) Are the private fund’s audited financial statements for the most recently completed fiscal year distributed to the private fund’s investors?
    (h) Do all of the reports prepared by the auditing firm for the private fund since your last annual updating amendment contain unqualified opinions?
    Yes No Report Not Yet Received
    If you check “Report Not Yet Received,” you must promptly file an amendment to your Form ADV to update your response when the report is available.
    Prime Broker
    Yes No
  47. (a) Does the private fund use one or more prime brokers?
    If the answer to question 24.(a) is “yes,” respond to questions (b) through (e) below for each prime broker the private fund uses. If the private fund uses more than one
    prime broker, you must complete questions (b) through (e) separately for each prime broker.
    No Information Filed
    Custodian
    Yes No
  48. (a) Does the private fund use any custodians (including the prime brokers listed above) to hold some or all of its assets?
    If the answer to question 25.(a) is “yes,” respond to questions (b) through (g) below for each custodian the private fund uses. If the private fund uses more than one
    custodian, you must complete questions (b) through (g) separately for each custodian.
    No Information Filed
    Administrator
    Yes No
  49. (a) Does the private fund use an administrator other than your firm?
    If the answer to question 26.(a) is “yes,” respond to questions (b) through (f) below. If the private fund uses more than one administrator, you must complete questions
    (b) through (f) separately for each administrator.
    Additional Administrator Information : 1 Record(s) Filed.
    If the answer to question 26.(a) is “yes,” respond to questions (b) through (f) below. If the private fund uses more than one administrator, you must complete
    questions (b) through (f) separately for each administrator.
    (b) Name of administrator:
    LANGHAM HALL
    (c) Location of administrator (city, state and country):
    City:
    LONDON
    State: Country:
    United Kingdom
    Yes No
    (d) Is the administrator a related person of your firm?
    (e) Does the administrator prepare and send investor account statements to the private fund’s investors?
    Yes (provided to all investors) Some (provided to some but not all investors) No (provided to no investors)
    (f) If the answer to question 26.(e) is “no” or “some,” who sends the investor account statements to the (rest of the) private fund’s investors? If investor account
    statements are not sent to the (rest of the) private fund’s investors, respond “not applicable.”
  50. During your last fiscal year, what percentage of the private fund’s assets (by value) was valued by a person, such as an administrator, that is not your related person?
    0%
    Include only those assets where (i) such person carried out the valuation procedure established for that asset, if any, including obtaining any relevant quotes, and (ii) the
    valuation used for purposes of investor subscriptions, redemptions or distributions, and fee calculations (including allocations) was the valuation determined by such
    person.
    Marketers
    Yes No
  51. (a) Does the private fund use the services of someone other than you or your employees for marketing purposes?
    You must answer “yes” whether the person acts as a placement agent, consultant, finder, introducer, municipal advisor or other solicitor, or similar person. If the answer
    to question 28.(a) is “yes,” respond to questions (b) through (g) below for each such marketer the private fund uses. If the private fund uses more than one marketer you
    must complete questions (b) through (g) separately for each marketer.
    No Information Filed
    A. PRIVATE FUND
    Information About the Private Fund
  52. (a) Name of the private fund:
    NOTION CAPITAL III LP
    (b) Private fund identification number:
    (include the “805-” prefix also)
    805-7804679333
  53. Under the laws of what state or country is the private fund organized:
    State: Country:
    United Kingdom
  54. (a) Name(s) of General Partner, Manager, Trustee, or Directors (or persons serving in a similar capacity):
    Name of General Partner, Manager, Trustee, or Director
    NOTION CAPITAL MANAGERS LLP
    (b) If filing an umbrella registration, identify the filing adviser and/or relying adviser(s) that sponsor(s) or manage(s) this private fund.
    No Information Filed
  55. The private fund (check all that apply; you must check at least one):
    (1) qualifies for the exclusion from the definition of investment company under section 3(c)(1) of the Investment Company Act of 1940
    (2) qualifies for the exclusion from the definition of investment company under section 3(c)(7) of the Investment Company Act of 1940
  56. List the name and country, in English, of each foreign financial regulatory authority with which the private fund is registered.
    No Information Filed
    Yes No
  57. (a) Is this a “master fund” in a master-feeder arrangement?
    (b) If yes, what is the name and private fund identification number (if any) of the feeder funds investing in this private fund?
    No Information Filed
    Yes No
    (c) Is this a “feeder fund” in a master-feeder arrangement?
    (d) If yes, what is the name and private fund identification number (if any) of the master fund in which this private fund invests?
    Name of private fund:
    Private fund identification number:
    (include the “805-” prefix also)
    NOTE: You must complete question 6 for each master-feeder arrangement regardless of whether you are filing a single Schedule D, Section 7.B.(1) for the master-feeder
    arrangement or reporting on the funds separately.
  58. If you are filing a single Schedule D, Section 7.B.(1) for a master-feeder arrangement according to the instructions to this Section 7.B.(1), for each of the feeder funds answer
    the following questions:
    No Information Filed
    NOTE: For purposes of questions 6 and 7, in a master-feeder arrangement, one or more funds (“feeder funds”) invest all or substantially all of their assets in a single fund
    (“master fund”). A fund would also be a “feeder fund” investing in a “master fund” for purposes of this question if it issued multiple classes (or series) of shares or interests,
    and each class (or series) invests substantially all of its assets in a single master fund.
    Yes No
  59. (a) Is this private fund a “fund of funds”?
    NOTE: For purposes of this question only, answer “yes” if the fund invests 10 percent or more of its total assets in other pooled investment vehicles, regardless of whether
    they are also private funds or registered investment companies.
    (b) If yes, does the private fund invest in funds managed by you or by a related person?
    Yes No
  60. During your last fiscal year, did the private fund invest in securities issued by investment companies registered under the Investment Company Act of 1940 (other
    than “money market funds,” to the extent provided in Instruction 6.e.)?
  61. What type of fund is the private fund?
    hedge fund liquidity fund private equity fund real estate fund securitized asset fund venture capital fund Other private fund:
    NOTE: For definitions of these fund types, please see Instruction 6 of the Instructions to Part 1A.
  62. Current gross asset value of the private fund:
    $ 139,161,309
    Ownership
  63. Minimum investment commitment required of an investor in the private fund:
    $ 1
    NOTE: Report the amount routinely required of investors who are not your related persons (even if different from the amount set forth in the organizational documents of the
    fund).
  64. Approximate number of the private fund’s beneficial owners:
    37
  65. What is the approximate percentage of the private fund beneficially owned by you and your related persons:
    5%
  66. (a) What is the approximate percentage of the private fund beneficially owned (in the aggregate) by funds of funds:
    2%
    Yes No
    (b) If the private fund qualifies for the exclusion from the definition of investment company under section 3(c)(1) of the Investment Company Act of 1940, are sales
    of the fund limited to qualified clients?
  67. What is the approximate percentage of the private fund beneficially owned by non-United States persons:
    86%
    Your Advisory Services
    Yes No
  68. (a) Are you a subadviser to this private fund?
    (b) If the answer to question 17.(a) is “yes,” provide the name and SEC file number, if any, of the adviser of the private fund. If the answer to question 17.(a) is “no,” leave this
    question blank.
    No Information Filed
    Yes No
  69. (a) Do any investment advisers (other than the investment advisers listed in Section 7.B.(1).A.3.(b)) advise the private fund?
    (b) If the answer to question 18.(a) is “yes,” provide the name and SEC file number, if any, of the other advisers to the private fund. If the answer to question 18.(a) is “no,”
    leave this question blank.
    No Information Filed
    Yes No
  70. Are your clients solicited to invest in the private fund?
    NOTE: For purposes of this question, do not consider feeder funds of the private fund.
  71. Approximately what percentage of your clients has invested in the private fund?
    100%
    Private Offering
    Yes No
  72. Has the private fund ever relied on an exemption from registration of its securities under Regulation D of the Securities Act of 1933?
  73. If yes, provide the private fund’s Form D file number (if any):
    No Information Filed
    B. SERVICE PROVIDERS
    Auditors
    Yes No
  74. (a) (1) Are the private fund’s financial statements subject to an annual audit?
    (2) If the answer to question 23.(a)(1) is “yes,” are the financial statements prepared in accordance with U.S. GAAP?
    If the answer to question 23.(a)(1) is “yes,” respond to questions (b) through (h) below. If the private fund uses more than one auditing firm, you must complete
    questions (b) through (f) separately for each auditing firm.
    Additional Auditor Information : 1 Record(s) Filed.
    If the answer to question 23.(a)(1) is “yes,” respond to questions (b) through (h) below. If the private fund uses more than one auditing firm, you must complete
    questions (b) through (f) separately for each auditing firm.
    (b) Name of the auditing firm:
    BDO
    (c) The location of the auditing firm’s office responsible for the private fund’s audit (city, state and country):
    City:
    BRISTOL
    State: Country:
    United Kingdom
    Yes No
    (d) Is the auditing firm an independent public accountant?
    (e) Is the auditing firm registered with the Public Company Accounting Oversight Board?
    If yes, Public Company Accounting Oversight Board-Assigned Number:
    (f) If “yes” to (e) above, is the auditing firm subject to regular inspection by the Public Company Accounting Oversight Board in accordance with its rules?
    Yes No
    (g) Are the private fund’s audited financial statements for the most recently completed fiscal year distributed to the private fund’s investors?
    (h) Do all of the reports prepared by the auditing firm for the private fund since your last annual updating amendment contain unqualified opinions?
    Yes No Report Not Yet Received
    If you check “Report Not Yet Received,” you must promptly file an amendment to your Form ADV to update your response when the report is available.
    Prime Broker
    Yes No
  75. (a) Does the private fund use one or more prime brokers?
    If the answer to question 24.(a) is “yes,” respond to questions (b) through (e) below for each prime broker the private fund uses. If the private fund uses more than one
    prime broker, you must complete questions (b) through (e) separately for each prime broker.
    No Information Filed
    Custodian
    Yes No
  76. (a) Does the private fund use any custodians (including the prime brokers listed above) to hold some or all of its assets?
    If the answer to question 25.(a) is “yes,” respond to questions (b) through (g) below for each custodian the private fund uses. If the private fund uses more than one
    custodian, you must complete questions (b) through (g) separately for each custodian.
    No Information Filed
    Administrator
    Yes No
  77. (a) Does the private fund use an administrator other than your firm?
    If the answer to question 26.(a) is “yes,” respond to questions (b) through (f) below. If the private fund uses more than one administrator, you must complete questions
    (b) through (f) separately for each administrator.
    Additional Administrator Information : 1 Record(s) Filed.
    If the answer to question 26.(a) is “yes,” respond to questions (b) through (f) below. If the private fund uses more than one administrator, you must complete
    questions (b) through (f) separately for each administrator.
    (b) Name of administrator:
    LANGHAM HALL
    (c) Location of administrator (city, state and country):
    City:
    LONDON
    State: Country:
    United Kingdom
    Yes No
    (d) Is the administrator a related person of your firm?
    (e) Does the administrator prepare and send investor account statements to the private fund’s investors?
    Yes (provided to all investors) Some (provided to some but not all investors) No (provided to no investors)
    (f) If the answer to question 26.(e) is “no” or “some,” who sends the investor account statements to the (rest of the) private fund’s investors? If investor account
    statements are not sent to the (rest of the) private fund’s investors, respond “not applicable.”
  78. During your last fiscal year, what percentage of the private fund’s assets (by value) was valued by a person, such as an administrator, that is not your related person?
    0%
    Include only those assets where (i) such person carried out the valuation procedure established for that asset, if any, including obtaining any relevant quotes, and (ii) the
    valuation used for purposes of investor subscriptions, redemptions or distributions, and fee calculations (including allocations) was the valuation determined by such
    person.
    Marketers
    Yes No
  79. (a) Does the private fund use the services of someone other than you or your employees for marketing purposes?
    You must answer “yes” whether the person acts as a placement agent, consultant, finder, introducer, municipal advisor or other solicitor, or similar person. If the answer
    to question 28.(a) is “yes,” respond to questions (b) through (g) below for each such marketer the private fund uses. If the private fund uses more than one marketer you
    must complete questions (b) through (g) separately for each marketer.
    No Information Filed
    A. PRIVATE FUND
    Information About the Private Fund
  80. (a) Name of the private fund:
    NOTION CAPITAL IV LP
    (b) Private fund identification number:
    (include the “805-” prefix also)
    805-2167470483
  81. Under the laws of what state or country is the private fund organized:
    State: Country:
    United Kingdom
  82. (a) Name(s) of General Partner, Manager, Trustee, or Directors (or persons serving in a similar capacity):
    Name of General Partner, Manager, Trustee, or Director
    NOTION CAPITAL MANAGERS LLP
    (b) If filing an umbrella registration, identify the filing adviser and/or relying adviser(s) that sponsor(s) or manage(s) this private fund.
    No Information Filed
  83. The private fund (check all that apply; you must check at least one):
    (1) qualifies for the exclusion from the definition of investment company under section 3(c)(1) of the Investment Company Act of 1940
    (2) qualifies for the exclusion from the definition of investment company under section 3(c)(7) of the Investment Company Act of 1940
  84. List the name and country, in English, of each foreign financial regulatory authority with which the private fund is registered.
    No Information Filed
    Yes No
  85. (a) Is this a “master fund” in a master-feeder arrangement?
    (b) If yes, what is the name and private fund identification number (if any) of the feeder funds investing in this private fund?
    No Information Filed
    Yes No
    (c) Is this a “feeder fund” in a master-feeder arrangement?
    (d) If yes, what is the name and private fund identification number (if any) of the master fund in which this private fund invests?
    Name of private fund:
    Private fund identification number:
    (include the “805-” prefix also)
    NOTE: You must complete question 6 for each master-feeder arrangement regardless of whether you are filing a single Schedule D, Section 7.B.(1) for the master-feeder
    arrangement or reporting on the funds separately.
  86. If you are filing a single Schedule D, Section 7.B.(1) for a master-feeder arrangement according to the instructions to this Section 7.B.(1), for each of the feeder funds answer
    the following questions:
    No Information Filed
    NOTE: For purposes of questions 6 and 7, in a master-feeder arrangement, one or more funds (“feeder funds”) invest all or substantially all of their assets in a single fund
    (“master fund”). A fund would also be a “feeder fund” investing in a “master fund” for purposes of this question if it issued multiple classes (or series) of shares or interests,
    and each class (or series) invests substantially all of its assets in a single master fund.
    Yes No
  87. (a) Is this private fund a “fund of funds”?
    NOTE: For purposes of this question only, answer “yes” if the fund invests 10 percent or more of its total assets in other pooled investment vehicles, regardless of whether
    they are also private funds or registered investment companies.
    (b) If yes, does the private fund invest in funds managed by you or by a related person?
    Yes No
  88. During your last fiscal year, did the private fund invest in securities issued by investment companies registered under the Investment Company Act of 1940 (other
    than “money market funds,” to the extent provided in Instruction 6.e.)?
  89. What type of fund is the private fund?
    hedge fund liquidity fund private equity fund real estate fund securitized asset fund venture capital fund Other private fund:
    NOTE: For definitions of these fund types, please see Instruction 6 of the Instructions to Part 1A.
  90. Current gross asset value of the private fund:
    $ 10,024,984
    Ownership
  91. Minimum investment commitment required of an investor in the private fund:
    $ 100,000
    NOTE: Report the amount routinely required of investors who are not your related persons (even if different from the amount set forth in the organizational documents of the
    fund).
  92. Approximate number of the private fund’s beneficial owners:
    24
  93. What is the approximate percentage of the private fund beneficially owned by you and your related persons:
    3%
  94. (a) What is the approximate percentage of the private fund beneficially owned (in the aggregate) by funds of funds:
    62%
    Yes No
    (b) If the private fund qualifies for the exclusion from the definition of investment company under section 3(c)(1) of the Investment Company Act of 1940, are sales
    of the fund limited to qualified clients?
  95. What is the approximate percentage of the private fund beneficially owned by non-United States persons:
    84%
    Your Advisory Services
    Yes No
  96. (a) Are you a subadviser to this private fund?
    (b) If the answer to question 17.(a) is “yes,” provide the name and SEC file number, if any, of the adviser of the private fund. If the answer to question 17.(a) is “no,” leave this
    question blank.
    No Information Filed
    Yes No
  97. (a) Do any investment advisers (other than the investment advisers listed in Section 7.B.(1).A.3.(b)) advise the private fund?
    (b) If the answer to question 18.(a) is “yes,” provide the name and SEC file number, if any, of the other advisers to the private fund. If the answer to question 18.(a) is “no,”
    leave this question blank.
    No Information Filed
    Yes No
  98. Are your clients solicited to invest in the private fund?
    NOTE: For purposes of this question, do not consider feeder funds of the private fund.
  99. Approximately what percentage of your clients has invested in the private fund?
    100%
    Private Offering
    Yes No
  100. Has the private fund ever relied on an exemption from registration of its securities under Regulation D of the Securities Act of 1933?
  101. If yes, provide the private fund’s Form D file number (if any):
    No Information Filed
    B. SERVICE PROVIDERS
    Auditors
    Yes No
  102. (a) (1) Are the private fund’s financial statements subject to an annual audit?
    (2) If the answer to question 23.(a)(1) is “yes,” are the financial statements prepared in accordance with U.S. GAAP?
    If the answer to question 23.(a)(1) is “yes,” respond to questions (b) through (h) below. If the private fund uses more than one auditing firm, you must complete
    questions (b) through (f) separately for each auditing firm.
    Additional Auditor Information : 1 Record(s) Filed.
    If the answer to question 23.(a)(1) is “yes,” respond to questions (b) through (h) below. If the private fund uses more than one auditing firm, you must complete
    questions (b) through (f) separately for each auditing firm.
    (b) Name of the auditing firm:
    BDO
    (c) The location of the auditing firm’s office responsible for the private fund’s audit (city, state and country):
    City:
    BRISTOL
    State: Country:
    United Kingdom
    Yes No
    (d) Is the auditing firm an independent public accountant?
    (e) Is the auditing firm registered with the Public Company Accounting Oversight Board?
    If yes, Public Company Accounting Oversight Board-Assigned Number:
    (f) If “yes” to (e) above, is the auditing firm subject to regular inspection by the Public Company Accounting Oversight Board in accordance with its rules?
    Yes No
    (g) Are the private fund’s audited financial statements for the most recently completed fiscal year distributed to the private fund’s investors?
    (h) Do all of the reports prepared by the auditing firm for the private fund since your last annual updating amendment contain unqualified opinions?
    Yes No Report Not Yet Received
    If you check “Report Not Yet Received,” you must promptly file an amendment to your Form ADV to update your response when the report is available.
    Prime Broker
    Yes No
  103. (a) Does the private fund use one or more prime brokers?
    If the answer to question 24.(a) is “yes,” respond to questions (b) through (e) below for each prime broker the private fund uses. If the private fund uses more than one
    prime broker, you must complete questions (b) through (e) separately for each prime broker.
    No Information Filed
    Custodian
    Yes No
  104. (a) Does the private fund use any custodians (including the prime brokers listed above) to hold some or all of its assets?
    If the answer to question 25.(a) is “yes,” respond to questions (b) through (g) below for each custodian the private fund uses. If the private fund uses more than one
    custodian, you must complete questions (b) through (g) separately for each custodian.
    No Information Filed
    Administrator
    Yes No
  105. (a) Does the private fund use an administrator other than your firm?
    If the answer to question 26.(a) is “yes,” respond to questions (b) through (f) below. If the private fund uses more than one administrator, you must complete questions
    (b) through (f) separately for each administrator.
    Additional Administrator Information : 1 Record(s) Filed.
    If the answer to question 26.(a) is “yes,” respond to questions (b) through (f) below. If the private fund uses more than one administrator, you must complete
    questions (b) through (f) separately for each administrator.
    (b) Name of administrator:
    LANGHAM HALL
    (c) Location of administrator (city, state and country):
    City:
    LONDON
    State: Country:
    United Kingdom
    Yes No
    (d) Is the administrator a related person of your firm?
    (e) Does the administrator prepare and send investor account statements to the private fund’s investors?
    Yes (provided to all investors) Some (provided to some but not all investors) No (provided to no investors)
    (f) If the answer to question 26.(e) is “no” or “some,” who sends the investor account statements to the (rest of the) private fund’s investors? If investor account
    statements are not sent to the (rest of the) private fund’s investors, respond “not applicable.”
  106. During your last fiscal year, what percentage of the private fund’s assets (by value) was valued by a person, such as an administrator, that is not your related person?
    0%
    Include only those assets where (i) such person carried out the valuation procedure established for that asset, if any, including obtaining any relevant quotes, and (ii) the
    valuation used for purposes of investor subscriptions, redemptions or distributions, and fee calculations (including allocations) was the valuation determined by such
    person.
    Marketers
    Yes No
  107. (a) Does the private fund use the services of someone other than you or your employees for marketing purposes?
    You must answer “yes” whether the person acts as a placement agent, consultant, finder, introducer, municipal advisor or other solicitor, or similar person. If the answer
    to question 28.(a) is “yes,” respond to questions (b) through (g) below for each such marketer the private fund uses. If the private fund uses more than one marketer you
    must complete questions (b) through (g) separately for each marketer.
    Additional Marketer Information : 4 Record(s) Filed.
    You must answer “yes” whether the person acts as a placement agent, consultant, finder, introducer, municipal advisor or other solicitor, or similar person. If the
    answer to question 28.(a) is “yes,” respond to questions (b) through (g) below for each such marketer the private fund uses. If the private fund uses more than
    one marketer, you must complete questions (b) through (g) separately for each marketer.
    Yes No
    (b) Is the marketer a related person of your firm?
    (c) Name of the marketer:
    FIONA BALCH

(d) If the marketer is registered with the SEC, its file number (e.g., 801-, 8-, or 866-):

and CRD Number (if any):
(e) Location of the marketer’s office used principally by the private fund (city, state and country):
City:
LONDON
State: Country:
United Kingdom
Yes No
(f) Does the marketer market the private fund through one or more websites?
(g) If the answer to question 28.(f) is “yes,” list the website address(es):
No Information Filed
You must answer “yes” whether the person acts as a placement agent, consultant, finder, introducer, municipal advisor or other solicitor, or similar person. If the
answer to question 28.(a) is “yes,” respond to questions (b) through (g) below for each such marketer the private fund uses. If the private fund uses more than
one marketer, you must complete questions (b) through (g) separately for each marketer.
Yes No
(b) Is the marketer a related person of your firm?
(c) Name of the marketer:
FIRST AVENUE
(d) If the marketer is registered with the SEC, its file number (e.g., 801-, 8-, or 866-):
8 – 67758
and CRD Number (if any):
145860
(e) Location of the marketer’s office used principally by the private fund (city, state and country):
City:
NEW YORK
State:
New York
Country:
United States
Yes No
(f) Does the marketer market the private fund through one or more websites?
(g) If the answer to question 28.(f) is “yes,” list the website address(es):
No Information Filed
You must answer “yes” whether the person acts as a placement agent, consultant, finder, introducer, municipal advisor or other solicitor, or similar person. If the
answer to question 28.(a) is “yes,” respond to questions (b) through (g) below for each such marketer the private fund uses. If the private fund uses more than
one marketer, you must complete questions (b) through (g) separately for each marketer.
Yes No
(b) Is the marketer a related person of your firm?
(c) Name of the marketer:
FRONTIER SOLUTIONS, LLC
(d) If the marketer is registered with the SEC, its file number (e.g., 801-, 8-, or 866-):
8 – 66972
and CRD Number (if any):
136102
(e) Location of the marketer’s office used principally by the private fund (city, state and country):
City:
RICHMOND
State:
Virginia
Country:
United States
Yes No
(f) Does the marketer market the private fund through one or more websites?
(g) If the answer to question 28.(f) is “yes,” list the website address(es):
No Information Filed
You must answer “yes” whether the person acts as a placement agent, consultant, finder, introducer, municipal advisor or other solicitor, or similar person. If the
answer to question 28.(a) is “yes,” respond to questions (b) through (g) below for each such marketer the private fund uses. If the private fund uses more than
one marketer, you must complete questions (b) through (g) separately for each marketer.
Yes No
(b) Is the marketer a related person of your firm?
(c) Name of the marketer:
JOHN R. FRITSCH AND WILLIAM T. FRITSCH- PARTNERSHIP
(d) If the marketer is registered with the SEC, its file number (e.g., 801-, 8-, or 866-):
8 – 51677
and CRD Number (if any):
46958
(e) Location of the marketer’s office used principally by the private fund (city, state and country):
City:
NEWYORK
State:
New York
Country:
United States
Yes No
(f) Does the marketer market the private fund through one or more websites?
(g) If the answer to question 28.(f) is “yes,” list the website address(es):
Website Address
HTTP://TRITONLAKE.EXCHANGE
A. PRIVATE FUND
Information About the Private Fund

  1. (a) Name of the private fund:
    NOTION CAPITAL OPPORTUNITIES LP
    (b) Private fund identification number:
    (include the “805-” prefix also)
    805-8478133681
  2. Under the laws of what state or country is the private fund organized:
    State: Country:
    United Kingdom
  3. (a) Name(s) of General Partner, Manager, Trustee, or Directors (or persons serving in a similar capacity):
    Name of General Partner, Manager, Trustee, or Director
    NOTION CAPITAL MANAGERS LLP
    (b) If filing an umbrella registration, identify the filing adviser and/or relying adviser(s) that sponsor(s) or manage(s) this private fund.
    No Information Filed
  4. The private fund (check all that apply; you must check at least one):
    (1) qualifies for the exclusion from the definition of investment company under section 3(c)(1) of the Investment Company Act of 1940
    (2) qualifies for the exclusion from the definition of investment company under section 3(c)(7) of the Investment Company Act of 1940
  5. List the name and country, in English, of each foreign financial regulatory authority with which the private fund is registered.
    No Information Filed
    Yes No
  6. (a) Is this a “master fund” in a master-feeder arrangement?
    (b) If yes, what is the name and private fund identification number (if any) of the feeder funds investing in this private fund?
    No Information Filed
    Yes No
    (c) Is this a “feeder fund” in a master-feeder arrangement?
    (d) If yes, what is the name and private fund identification number (if any) of the master fund in which this private fund invests?
    Name of private fund:
    Private fund identification number:
    (include the “805-” prefix also)
    NOTE: You must complete question 6 for each master-feeder arrangement regardless of whether you are filing a single Schedule D, Section 7.B.(1) for the master-feeder
    arrangement or reporting on the funds separately.
  7. If you are filing a single Schedule D, Section 7.B.(1) for a master-feeder arrangement according to the instructions to this Section 7.B.(1), for each of the feeder funds answer
    the following questions:
    No Information Filed
    NOTE: For purposes of questions 6 and 7, in a master-feeder arrangement, one or more funds (“feeder funds”) invest all or substantially all of their assets in a single fund
    (“master fund”). A fund would also be a “feeder fund” investing in a “master fund” for purposes of this question if it issued multiple classes (or series) of shares or interests,
    and each class (or series) invests substantially all of its assets in a single master fund.
    Yes No
  8. (a) Is this private fund a “fund of funds”?
    NOTE: For purposes of this question only, answer “yes” if the fund invests 10 percent or more of its total assets in other pooled investment vehicles, regardless of whether
    they are also private funds or registered investment companies.
    (b) If yes, does the private fund invest in funds managed by you or by a related person?
    Yes No
  9. During your last fiscal year, did the private fund invest in securities issued by investment companies registered under the Investment Company Act of 1940 (other
    than “money market funds,” to the extent provided in Instruction 6.e.)?
  10. What type of fund is the private fund?
    hedge fund liquidity fund private equity fund real estate fund securitized asset fund venture capital fund Other private fund:
    NOTE: For definitions of these fund types, please see Instruction 6 of the Instructions to Part 1A.
  11. Current gross asset value of the private fund:
    $ 52,491,000
    Ownership
  12. Minimum investment commitment required of an investor in the private fund:
    $ 1
    NOTE: Report the amount routinely required of investors who are not your related persons (even if different from the amount set forth in the organizational documents of the
    fund).
  13. Approximate number of the private fund’s beneficial owners:
    11
  14. What is the approximate percentage of the private fund beneficially owned by you and your related persons:
    2%
  15. (a) What is the approximate percentage of the private fund beneficially owned (in the aggregate) by funds of funds:
    97%
    Yes No
    (b) If the private fund qualifies for the exclusion from the definition of investment company under section 3(c)(1) of the Investment Company Act of 1940, are sales
    of the fund limited to qualified clients?
  16. What is the approximate percentage of the private fund beneficially owned by non-United States persons:
    94%
    Your Advisory Services
    Yes No
  17. (a) Are you a subadviser to this private fund?
    (b) If the answer to question 17.(a) is “yes,” provide the name and SEC file number, if any, of the adviser of the private fund. If the answer to question 17.(a) is “no,” leave this
    question blank.
    No Information Filed
    Yes No
  18. (a) Do any investment advisers (other than the investment advisers listed in Section 7.B.(1).A.3.(b)) advise the private fund?
    (b) If the answer to question 18.(a) is “yes,” provide the name and SEC file number, if any, of the other advisers to the private fund. If the answer to question 18.(a) is “no,”
    leave this question blank.
    No Information Filed
    Yes No
  19. Are your clients solicited to invest in the private fund?
    NOTE: For purposes of this question, do not consider feeder funds of the private fund.
  20. Approximately what percentage of your clients has invested in the private fund?
    100%
    Private Offering
    Yes No
  21. Has the private fund ever relied on an exemption from registration of its securities under Regulation D of the Securities Act of 1933?
  22. If yes, provide the private fund’s Form D file number (if any):
    No Information Filed
    B. SERVICE PROVIDERS
    Auditors
    Yes No
  23. (a) (1) Are the private fund’s financial statements subject to an annual audit?
    (2) If the answer to question 23.(a)(1) is “yes,” are the financial statements prepared in accordance with U.S. GAAP?
    If the answer to question 23.(a)(1) is “yes,” respond to questions (b) through (h) below. If the private fund uses more than one auditing firm, you must complete
    questions (b) through (f) separately for each auditing firm.
    Additional Auditor Information : 1 Record(s) Filed.
    If the answer to question 23.(a)(1) is “yes,” respond to questions (b) through (h) below. If the private fund uses more than one auditing firm, you must complete
    questions (b) through (f) separately for each auditing firm.
    (b) Name of the auditing firm:
    DELOITTE
    (c) The location of the auditing firm’s office responsible for the private fund’s audit (city, state and country):
    City:
    LONDON
    State: Country:
    United Kingdom
    Yes No
    (d) Is the auditing firm an independent public accountant?
    (e) Is the auditing firm registered with the Public Company Accounting Oversight Board?
    If yes, Public Company Accounting Oversight Board-Assigned Number:
    (f) If “yes” to (e) above, is the auditing firm subject to regular inspection by the Public Company Accounting Oversight Board in accordance with its rules?
    Yes No
    (g) Are the private fund’s audited financial statements for the most recently completed fiscal year distributed to the private fund’s investors?
    (h) Do all of the reports prepared by the auditing firm for the private fund since your last annual updating amendment contain unqualified opinions?
    Yes No Report Not Yet Received
    If you check “Report Not Yet Received,” you must promptly file an amendment to your Form ADV to update your response when the report is available.
    Prime Broker
    Yes No
  24. (a) Does the private fund use one or more prime brokers?
    If the answer to question 24.(a) is “yes,” respond to questions (b) through (e) below for each prime broker the private fund uses. If the private fund uses more than one
    prime broker, you must complete questions (b) through (e) separately for each prime broker.
    No Information Filed
    Custodian
    Yes No
  25. (a) Does the private fund use any custodians (including the prime brokers listed above) to hold some or all of its assets?
    If the answer to question 25.(a) is “yes,” respond to questions (b) through (g) below for each custodian the private fund uses. If the private fund uses more than one
    custodian, you must complete questions (b) through (g) separately for each custodian.
    No Information Filed
    Administrator
    Yes No
  26. (a) Does the private fund use an administrator other than your firm?
    If the answer to question 26.(a) is “yes,” respond to questions (b) through (f) below. If the private fund uses more than one administrator, you must complete questions
    (b) through (f) separately for each administrator.
    Additional Administrator Information : 1 Record(s) Filed.
    If the answer to question 26.(a) is “yes,” respond to questions (b) through (f) below. If the private fund uses more than one administrator, you must complete
    questions (b) through (f) separately for each administrator.
    (b) Name of administrator:
    LANGHAM HALL
    (c) Location of administrator (city, state and country):
    City:
    LONDON
    State: Country:
    United Kingdom
    Yes No
    (d) Is the administrator a related person of your firm?
    (e) Does the administrator prepare and send investor account statements to the private fund’s investors?
    Yes (provided to all investors) Some (provided to some but not all investors) No (provided to no investors)
    (f) If the answer to question 26.(e) is “no” or “some,” who sends the investor account statements to the (rest of the) private fund’s investors? If investor account
    FORM ADV
    UNIFORM APPLICATION FOR INVESTMENT ADVISER REGISTRATION AND REPORT BY EXEMPT REPORTING ADVISERS
    Primary Business Name: NOTION CAPITAL CRD Number: 301084
    Annual Amendment – All Sections Rev. 03/2020
    4/23/2020 10:38:35 AM
    WARNING: Complete this form truthfully. False statements or omissions may result in denial of your application, revocation of your registration, or criminal prosecution. You must
    keep this form updated by filing periodic amendments. See Form ADV General Instruction 4.
    Item 1 Identifying Information
    Responses to this Item tell us who you are, where you are doing business, and how we can contact you. If you are filing an umbrella registration, the information in Item 1 should be
    provided for the filing adviser only. General Instruction 5 provides information to assist you with filing an umbrella registration.
    A. Your full legal name (if you are a sole proprietor, your last, first, and middle names):
    NOTION CAPITAL MANAGERS LLP
    B. (1) Name under which you primarily conduct your advisory business, if different from Item 1.A.
    NOTION CAPITAL
    List on Section 1.B. of Schedule D any additional names under which you conduct your advisory business.
    (2) If you are using this Form ADV to register more than one investment adviser under an umbrella registration, check this box
    If you check this box, complete a Schedule R for each relying adviser.
    C. If this filing is reporting a change in your legal name (Item 1.A.) or primary business name (Item 1.B.(1)), enter the new name and specify whether the name change is of
    your leg
    FORM ADV
    UNIFORM APPLICATION FOR INVESTMENT ADVISER REGISTRATION AND REPORT BY EXEMPT REPORTING ADVISERS
    Primary Business Name: NOTION CAPITAL CRD Number: 301084
    Annual Amendment – All Sections Rev. 03/2020
    4/23/2020 10:38:35 AM
    WARNING: Complete this form truthfully. False statements or omissions may result in denial of your application, revocation of your registration, or criminal prosecution. You must
    keep this form updated by filing periodic amendments. See Form ADV General Instruction 4.
    Item 1 Identifying Information
    Responses to this Item tell us who you are, where you are doing business, and how we can contact you. If you are filing an umbrella registration, the information in Item 1 should be
    provided for the filing adviser only. General Instruction 5 provides information to assist you with filing an umbrella registration.
    A. Your full legal name (if you are a sole proprietor, your last, first, and middle names):
    NOTION CAPITAL MANAGERS LLP
    B. (1) Name under which you primarily conduct your advisory business, if different from Item 1.A.
    NOTION CAPITAL
    List on Section 1.B. of Schedule D any additional names under which you conduct your advisory business.
    (2) If you are using this Form ADV to register more than one investment adviser under an umbrella registration, check this box
    If you check this box, complete a Schedule R for each relying adviser.
    C. If this filing is reporting a change in your legal name (Item 1.A.) or primary business name (Item 1.B.(1)), enter the new name and specify whether the name change is of
    your legal name or your primary business name:
    D. (1) If you are registered with the SEC as an investment adviser, your SEC file number:
    (2) If you report to the SEC as an exempt reporting adviser, your SEC file number: 802-117151
    (3) If you have one or more Central Index Key numbers assigned by the SEC (“CIK Numbers”), all of your CIK numbers:
    No Information Filed
    E. (1) If you have a number (“CRD Number”) assigned by the FINRA’s CRD system or by the IARD system, your CRD number: 301084
    If your firm does not have a CRD number, skip this Item 1.E. Do not provide the CRD number of one of your officers, employees, or affiliates.
    (2) If you have additional CRD Numbers, your additional CRD numbers:
    No Information Filed
    F. Principal Office and Place of Business
    (1) Address (do not use a P.O. Box):
    Number and Street 1:
    91 WIMPOLE STREET
    Number and Street 2:
    City:
    LONDON
    State: Country:
    United Kingdom
    ZIP+4/Postal Code:
    W1G 0EF
    If this address is a private residence, check this box:
    List on Section 1.F. of Schedule D any office, other than your principal office and place of business, at which you conduct investment advisory business. If you are applying for
    registration, or are registered, with one or more state securities authorities, you must list all of your offices in the state or states to which you are applying for registration or with
    whom you are registered. If you are applying for SEC registration, if you are registered only with the SEC, or if you are reporting to the SEC as an exempt reporting adviser, list
    the largest twenty-five offices in terms of numbers of employees as of the end of your most recently completed fiscal year.
    (2) Days of week that you normally conduct business at your principal office and place of business:
    Monday – Friday Other:
    Normal business hours at this location:
    09:00 – 17:30
    (3) Telephone number at this location:
    +447919881986
    (4) Facsimile number at this location, if any:
    (5) What is the total number of offices, other than your principal office and place of business, at which you conduct investment advisory business as of the end of your most
    recently completed fiscal year?
    0
    G. Mailing address, if different from your principal office and place of business address:
    Number and Street 1: Number and Street 2:
    City: State: Country: ZIP+4/Postal Code:
    If this address is a private residence, check this box:
    H. If you are a sole proprietor, state your full residence address, if different from your principal office and place of business address in Item 1.F.:
    Number and Street 1: Number and Street 2:
    City: State: Country: ZIP+4/Postal Code:
    Yes No
    I. Do you have one or more websites or accounts on publicly available social media platforms (including, but not limited to, Twitter, Facebook and LinkedIn)?
    If “yes,” list all firm website addresses and the address for each of the firm’s accounts on publicly available social media platforms on Section 1.I. of Schedule D. If a website
    address serves as a portal through which to access other information you have published on the web, you may list the portal without listing addresses for all of the other
    information. You may need to list more than one portal address. Do not provide the addresses of websites or accounts on publicly available social media platforms where you do
    not control the content. Do not provide the individual electronic mail (e-mail) addresses of employees or the addresses of employee accounts on publicly available social media
    platforms.
    J. Chief Compliance Officer
    (1) Provide the name and contact information of your Chief Compliance Officer. If you are an exempt reporting adviser, you must provide the contact information for your Chief
    Compliance Officer, if you have one. If not, you must complete Item 1.K. below.
    Name: Other titles, if any:
    Telephone number: Facsimile number, if any:
    Number and Street 1: Number and Street 2:
    City: State: Country: ZIP+4/Postal Code:
    Electronic mail (e-mail) address, if Chief Compliance Officer has one:
    (2) If your Chief Compliance Officer is compensated or employed by any person other than you, a related person or an investment company registered under the Investment
    Company Act of 1940 that you advise for providing chief compliance officer services to you, provide the person’s name and IRS Employer Identification Number (if any):
    Name:
    IRS Employer Identification Number:
    K. Additional Regulatory Contact Person: If a person other than the Chief Compliance Officer is authorized to receive information and respond to questions about this Form ADV, you
    may provide that information here.
    Name: Titles:
    Telephone number: Facsimile number, if any:
    Number and Street 1: Number and Street 2:
    City: State: Country: ZIP+4/Postal Code:
    Electronic mail (e-mail) address, if contact person has one:
    Yes No
    L. Do you maintain some or all of the books and records you are required to keep under Section 204 of the Advisers Act, or similar state law, somewhere other than your
    principal office and place of business?
    If “yes,” complete Section 1.L. of Schedule D.
    Yes No
    M. Are you registered with a foreign financial regulatory authority?
    Answer “no” if you are not registered with a foreign financial regulatory authority, even if you have an affiliate that is registered with a foreign financial regulatory authority.
    FORM ADV
    UNIFORM APPLICATION FOR INVESTMENT ADVISER REGISTRATION AND REPORT BY EXEMPT REPORTING ADVISERS
    Primary Business Name: NOTION CAPITAL CRD Number: 301084
    Annual Amendment – All Sections Rev. 03/2020
    4/23/2020 10:38:35 AM
    WARNING: Complete this form truthfully. False statements or omissions may result in denial of your application, revocation of your registration, or criminal prosecution. You must
    keep this form updated by filing periodic amendments. See Form ADV General Instruction 4.
    Item 1 Identifying Information
    Responses to this Item tell us who you are, where you are doing business, and how we can contact you. If you are filing an umbrella registration, the information in Item 1 should be
    provided for the filing adviser only. General Instruction 5 provides information to assist you with filing an umbrella registration.
    A. Your full legal name (if you are a sole proprietor, your last, first, and middle names):
    NOTION CAPITAL MANAGERS LLP
    B. (1) Name under which you primarily conduct your advisory business, if different from Item 1.A.
    NOTION CAPITAL
    List on Section 1.B. of Schedule D any additional names under which you conduct your advisory business.
    (2) If you are using this Form ADV to register more than one investment adviser under an umbrella registration, check this box
    If you check this box, complete a Schedule R for each relying adviser.
    C. If this filing is reporting a change in your legal name (Item 1.A.) or primary business name (Item 1.B.(1)), enter the new name and specify whether the name change is of
    your legal name or your primary business name:
    D. (1) If you are registered with the SEC as an investment adviser, your SEC file number:
    (2) If you report to the SEC as an exempt reporting adviser, your SEC file number: 802-117151
    (3) If you have one or more Central Index Key numbers assigned by the SEC (“CIK Numbers”), all of your CIK numbers:
    No Information Filed
    E. (1) If you have a number (“CRD Number”) assigned by the FINRA’s CRD system or by the IARD system, your CRD number: 301084
    If your firm does not have a CRD number, skip this Item 1.E. Do not provide the CRD number of one of your officers, employees, or affiliates.
    (2) If you have additional CRD Numbers, your additional CRD numbers:
    No Information Filed
    F. Principal Office and Place of Business
    (1) Address (do not use a P.O. Box):
    Number and Street 1:
    91 WIMPOLE STREET
    Number and Street 2:
    City:
    LONDON
    State: Country:
    United Kingdom
    ZIP+4/Postal Code:
    W1G 0EF
    If this address is a private residence, check this box:
    List on Section 1.F. of Schedule D any office, other than your principal office and place of business, at which you conduct investment advisory business. If you are applying for
    registration, or are registered, with one or more state securities authorities, you must list all of your offices in the state or states to which you are applying for registration or with
    whom you are registered. If you are applying for SEC registration, if you are registered only with the SEC, or if you are reporting to the SEC as an exempt reporting adviser, list
    the largest twenty-five offices in terms of numbers of employees as of the end of your most recently completed fiscal year.
    (2) Days of week that you normally conduct business at your principal office and place of business:
    Monday – Friday Other:
    Normal business hours at this location:
    09:00 – 17:30
    (3) Telephone number at this location:
    +447919881986
    (4) Facsimile number at this location, if any:
    (5) What is the total number of offices, other than your principal office and place of business, at which you conduct investment advisory business as of the end of your most
    recently completed fiscal year?
    0
    G. Mailing address, if different from your principal office and place of business address:
    Number and Street 1: Number and Street 2:
    City: State: Country: ZIP+4/Postal Code:
    If this address is a private residence, check this box:
    H. If you are a sole proprietor, state your full residence address, if different from your principal office and place of business address in Item 1.F.:
    Number and Street 1: Number and Street 2:
    City: State: Country: ZIP+4/Postal Code:
    Yes No
    I. Do you have one or more websites or accounts on publicly available social media platforms (including, but not limited to, Twitter, Facebook and LinkedIn)?
    If “yes,” list all firm website addresses and the address for each of the firm’s accounts on publicly available social media platforms on Section 1.I. of Schedule D. If a website
    address serves as a portal through which to access other information you have published on the web, you may list the portal without listing addresses for all of the other
    information. You may need to list more than one portal address. Do not provide the addresses of websites or accounts on publicly available social media platforms where you do
    not control the content. Do not provide the individual electronic mail (e-mail) addresses of employees or the addresses of employee accounts on publicly available social media
    platforms.
    J. Chief Compliance Officer
    (1) Provide the name and contact information of your Chief Compliance Officer. If you are an exempt reporting adviser, you must provide the contact information for your Chief
    Compliance Officer, if you have one. If not, you must complete Item 1.K. below.
    Name: Other titles, if any:
    Telephone number: Facsimile number, if any:
    Number and Street 1: Number and Street 2:
    City: State: Country: ZIP+4/Postal Code:
    Electronic mail (e-mail) address, if Chief Compliance Officer has one:
    (2) If your Chief Compliance Officer is compensated or employed by any person other than you, a related person or an investment company registered under the Investment
    Company Act of 1940 that you advise for providing chief compliance officer services to you, provide the person’s name and IRS Employer Identification Number (if any):
    Name:
    IRS Employer Identification Number:
    K. Additional Regulatory Contact Person: If a person other than the Chief Compliance Officer is authorized to receive information and respond to questions about this Form ADV, you
    may provide that information here.
    Name: Titles:
    Telephone number: Facsimile number, if any:
    Number and Street 1: Number and Street 2:
    City: State: Country: ZIP+4/Postal Code:
    Electronic mail (e-mail) address, if contact person has one:
    Yes No
    L. Do you maintain some or all of the books and records you are required to keep under Section 204 of the Advisers Act, or similar state law, somewhere other than your
    principal office and place of business?
    If “yes,” complete Section 1.L. of Schedule D.
    Yes No
    M. Are you registered with a foreign financial regulatory authority?
    Answer “no” if you are not registered with a foreign financial regulatory authority, even if you have an affiliate that is registered with a foreign financial regulatory authority. If “yes,”
    complete Section 1.M. of Schedule D.
    Yes No
    N. Are you a public reporting company under Sections 12 or 15(d) of the Securities Exchange Act of 1934?
    Yes No
    O. Did you have $1 billion or more in assets on the last day of your most recent fiscal year?
    If yes, what is the approximate amount of your assets:
    $1 billion to less than $10 billion
    $10 billion to less than $50 billion
    $50 billion or more
    For purposes of Item 1.O. only, “assets” refers to your total assets, rather than the assets you manage on behalf of clients. Determine your total assets using the total assets shown
    on the balance sheet for your most recent fiscal year end.
    P. Provide your Legal Entity Identifier if you have one:
    A legal entity identifier is a unique number that companies use to identify each other in the financial marketplace. You may not have a legal entity identifier.
    SECTION 1.B. Other Business Names
    No Information Filed
    SECTION 1.F. Other Offices
    No Information Filed
    SECTION 1.I. Website Addresses
    List your website addresses, including addresses for accounts on publicly available social media platforms where you control the content (including, but not limited to, Twitter,
    Facebook and/or LinkedIn). You must complete a separate Schedule D Section 1.I. for each website or account on a publicly available social media platform.
    Address of Website/Account on Publicly Available Social Media Platform: https://notion.vc/
    SECTION 1.L. Location of Books and Records
    No Information Filed
    SECTION 1.M. Registration with Foreign Financial Regulatory Authorities
    List the name and country, in English, of each foreign financial regulatory authority with which you are registered. You must complete a separate Schedule D Section 1.M. for each
    foreign financial regulatory authority with whom you are registered.
    Name of Country/Foreign Financial Regulatory Authority:
    United Kingdom – Financial Conduct Authority
    Other:
    Item 2 SEC Registration/Reporting
    SEC Reporting by Exempt Reporting Advisers
    B. Complete this Item 2.B. only if you are reporting to the SEC as an exempt reporting adviser. Check all that apply. You:
    (1) qualify for the exemption from registration as an adviser solely to one or more venture capital funds, as defined in rule 203(l)-1;
    (2) qualify for the exemption from registration because you act solely as an adviser to private funds and have assets under management, as defined in rule 203(m)-1, in the
    United States of less than $150 million;
    (3) act solely as an adviser to private funds but you are no longer eligible to check box 2.B.(2) because you have assets under management, as defined in rule 203(m)-1, in
    the United States of $150 million or more.
    If you check box (2) or (3), complete Section 2.B. of Schedule D.
    SECTION 2.B. Private Fund Assets
    If you check Item 2.B.(2) or (3), what is the amount of the private fund assets that you manage? $ 321002333
    NOTE: “Private fund assets” has the same meaning here as it has under rule 203(m)-1. If you are an investment adviser with its principal office and place of business outside the
    United States only include private fund assets that you manage at a place of business in the United States.
    Item 3 Form of Organization
    If you are filing an umbrella registration, the information in Item 3 should be provided for the filing adviser only.
    A. How are you organized?
    Corporation
    Sole Proprietorship
    Limited Liability Partnership (LLP)
    Partnership
    Limited Liability Company (LLC)
    Limited Partnership (LP)
    Other (specify):
    If you are changing your response to this Item, see Part 1A Instruction 4.
    B. In what month does your fiscal year end each year?
    MARCH
    C. Under the laws of what state or country are you organized?
    State Country
    United Kingdom
    If you are a partnership, provide the name of the state or country under whose laws your partnership was formed. If you are a sole proprietor, provide the name of the state or
    country where you reside.
    If you are changing your response to this Item, see Part 1A Instruction 4.
    Item 6 Other Business Activities
    In this Item, we request information about your firm’s other business activities.
    A. You are actively engaged in business as a (check all that apply):
    (1) broker-dealer (registered or unregistered)
    (2) registered representative of a broker-dealer
    (3) commodity pool operator or commodity trading advisor (whether registered or exempt from registration)
    (4) futures commission merchant
    (5) real estate broker, dealer, or agent
    (6) insurance broker or agent
    (7) bank (including a separately identifiable department or division of a bank)
    (8) trust company
    (9) registered municipal advisor
    (10) registered security-based swap dealer
    (11) major security-based swap participant
    (12) accountant or accounting firm
    (13) lawyer or law firm
    (14) other financial product salesperson (specify):
    If you engage in other business using a name that is different from the names reported in Items 1.A. or 1.B.(1), complete Section 6.A. of Schedule D.
    Yes No
    B. (1) Are you actively engaged in any other business not listed in Item 6.A. (other than giving investment advice)?
    (2) If yes, is this other business your primary business?
    If “yes,” describe this other business on Section 6.B.(2) of Schedule D, and if you engage in this business under a different name, provide that name.
    Yes No
    (3) Do you sell products or provide services other than investment advice to your advisory clients?
    If “yes,” describe this other business on Section 6.B.(3) of Schedule D, and if you engage in this business under a different name, provide that name.
    SECTION 6.A. Names of Your Other Businesses
    No Information Filed
    SECTION 6.B.(2) Description of Primary Business
    Describe your primary business (not your investment advisory business):
    If you engage in that business under a different name, provide that name:
    SECTION 6.B.(3) Description of Other Products and Services
    Describe other products or services you sell to your client. You may omit products and services that you listed in Section 6.B.(2) above.
    If you engage in that business under a different name, provide that name:
    Item 7 Financial Industry Affiliations
    In this Item, we request information about your financial industry affiliations and activities. This information identifies areas in which conflicts of interest may occur between you and
    your clients.
    A. This part of Item 7 requires you to provide information about you and your related persons, including foreign affiliates. Your related persons are all of your advisory affiliates and any
    person that is under common control with you.
    You have a related person that is a (check all that apply):
    (1) broker-dealer, municipal securities dealer, or government securities broker or dealer (registered or unregistered)
    (2) othe
    FORM ADV
    UNIFORM APPLICATION FOR INVESTMENT ADVISER REGISTRATION AND REPORT BY EXEMPT REPORTING ADVISERS
    Primary Business Name: NOTION CAPITAL CRD Number: 301084
    Annual Amendment – All Sections Rev. 03/2020
    4/23/2020 10:38:35 AM
    WARNING: Complete this form truthfully. False statements or omissions may result in denial of your application, revocation of your registration, or criminal prosecution. You must
    keep this form updated by filing periodic amendments. See Form ADV General Instruction 4.
    Item 1 Identifying Information
    Responses to this Item tell us who you are, where you are doing business, and how we can contact you. If you are filing an umbrella registration, the information in Item 1 should be
    provided for the filing adviser only. General Instruction 5 provides information to assist you with filing an umbrella registration.
    A. Your full legal name (if you are a sole proprietor, your last, first, and middle names):
    NOTION CAPITAL MANAGERS LLP
    B. (1) Name under which you primarily conduct your advisory business, if different from Item 1.A.
    NOTION CAPITAL
    List on Section 1.B. of Schedule D any additional names under which you conduct your advisory business.
    (2) If you are using this Form ADV to register more than one investment adviser under an umbrella registration, check this box
    If you check this box, complete a Schedule R for each relying adviser.
    C. If this filing is reporting a change in your legal name (Item 1.A.) or primary business name (Item 1.B.(1)), enter the new name and specify whether the name change is of
    your legal name or your primary business name:
    D. (1) If you are registered with the SEC as an investment adviser, your SEC file number:
    (2) If you report to the SEC as an exempt reporting adviser, your SEC file number: 802-117151
    (3) If you have one or more Central Index Key numbers assigned by the SEC (“CIK Numbers”), all of your CIK numbers:
    No Information Filed
    E. (1) If you have a number (“CRD Number”) assigned by the FINRA’s CRD system or by the IARD system, your CRD number: 301084
    If your firm does not have a CRD number, skip this Item 1.E. Do not provide the CRD number of one of your officers, employees, or affiliates.
    (2) If you have additional CRD Numbers, your additional CRD numbers:
    No Information Filed
    F. Principal Office and Place of Business
    (1) Address (do not use a P.O. Box):
    Number and Street 1:
    91 WIMPOLE STREET
    Number and Street 2:
    City:
    LONDON
    State: Country:
    United Kingdom
    ZIP+4/Postal Code:
    W1G 0EF
    If this address is a private residence, check this box:
    List on Section 1.F. of Schedule D any office, other than your principal office and place of business, at which you conduct investment advisory business. If you are applying for
    registration, or are registered, with one or more state securities authorities, you must list all of your offices in the state or states to which you are applying for registration or with
    whom you are registered. If you are applying for SEC registration, if you are registered only with the SEC, or if you are reporting to the SEC as an exempt reporting adviser, list
    the largest twenty-five offices in terms of numbers of employees as of the end of your most recently completed fiscal year.
    (2) Days of week that you normally conduct business at your principal office and place of business:
    Monday – Friday Other:
    Normal business hours at this location:
    09:00 – 17:30
    (3) Telephone number at this location:
    +447919881986
    (4) Facsimile number at this location, if any:
    (5) What is the total number of offices, other than your principal office and place of business, at which you conduct investment advisory business as of the end of your most
    recently completed fiscal year?
    0
    G. Mailing address, if different from your principal office and place of business address:
    Number and Street 1: Number and Street 2:
    City: State: Country: ZIP+4/Postal Code:
    If this address is a private residence, check this box:
    H. If you are a sole proprietor, state your full residence address, if different from your principal office and place of business address in Item 1.F.:
    Number and Street 1: Number and Street 2:
    City: State: Country: ZIP+4/Postal Code:
    Yes No
    I. Do you have one or more websites or accounts on publicly available social media platforms (including, but not limited to, Twitter, Facebook and LinkedIn)?
    If “yes,” list all firm website addresses and the address for each of the firm’s accounts on publicly available social media platforms on Section 1.I. of Schedule D. If a website
    address serves as a portal through which to access other information you have published on the web, you may list the portal without listing addresses for all of the other
    information. You may need to list more than one portal address. Do not provide the addresses of websites or accounts on publicly available social media platforms where you do
    not control the content. Do not provide the individual electronic mail (e-mail) addresses of employees or the addresses of employee accounts on publicly available social media
    platforms.
    J. Chief Compliance Officer
    (1) Provide the name and contact information of your Chief Compliance Officer. If you are an exempt reporting adviser, you must provide the contact information for your Chief
    Compliance Officer, if you have one. If not, you must complete Item 1.K. below.
    Name: Other titles, if any:
    Telephone number: Facsimile number, if any:
    Number and Street 1: Number and Street 2:
    City: State: Country: ZIP+4/Postal Code:
    Electronic mail (e-mail) address, if Chief Compliance Officer has one:
    (2) If your Chief Compliance Officer is compensated or employed by any person other than you, a related person or an investment company registered under the Investment
    Company Act of 1940 that you advise for providing chief compliance officer services to you, provide the person’s name and IRS Employer Identification Number (if any):
    Name:
    IRS Employer Identification Number:
    K. Additional Regulatory Contact Person: If a person other than the Chief Compliance Officer is authorized to receive information and respond to questions about this Form ADV, you
    may provide that information here.
    Name: Titles:
    Telephone number: Facsimile number, if any:
    Number and Street 1: Number and Street 2:
    City: State: Country: ZIP+4/Postal Code:
    Electronic mail (e-mail) address, if contact person has one:
    Yes No
    L. Do you maintain some or all of the books and records you are required to keep under Section 204 of the Advisers Act, or similar state law, somewhere other than your
    principal office and place of business?
    If “yes,” complete Section 1.L. of Schedule D.
    Yes No
    M. Are you registered with a foreign financial regulatory authority?
    Answer “no” if you are not registered with a foreign financial regulatory authority, even if you have an affiliate that is registered with a foreign financial regulatory authority. If “yes,”
    complete Section 1.M. of Schedule D.
    Yes No
    N. Are you a public reporting company under Sections 12 or 15(d) of the Securities Exchange Act of 1934?
    Yes No
    O. Did you have $1 billion or more in assets on the last day of your most recent fiscal year?
    If yes, what is the approximate amount of your assets:
    $1 billion to less than $10 billion
    $10 billion to less than $50 billion
    $50 billion or more
    For purposes of Item 1.O. only, “assets” refers to your total assets, rather than the assets you manage on behalf of clients. Determine your total assets using the total assets shown
    on the balance sheet for your most recent fiscal year end.
    P. Provide your Legal Entity Identifier if you have one:
    A legal entity identifier is a unique number that companies use to identify each other in the financial marketplace. You may not have a legal entity identifier.
    SECTION 1.B. Other Business Names
    No Information Filed
    SECTION 1.F. Other Offices
    No Information Filed
    SECTION 1.I. Website Addresses
    List your website addresses, including addresses for accounts on publicly available social media platforms where you control the content (including, but not limited to, Twitter,
    Facebook and/or LinkedIn). You must complete a separate Schedule D Section 1.I. for each website or account on a publicly available social media platform.
    Address of Website/Account on Publicly Available Social Media Platform: https://notion.vc/
    SECTION 1.L. Location of Books and Records
    No Information Filed
    SECTION 1.M. Registration with Foreign Financial Regulatory Authorities
    List the name and country, in English, of each foreign financial regulatory authority with which you are registered. You must complete a separate Schedule D Section 1.M. for each
    foreign financial regulatory authority with whom you are registered.
    Name of Country/Foreign Financial Regulatory Authority:
    United Kingdom – Financial Conduct Authority
    Other:
    Item 2 SEC Registration/Reporting
    SEC Reporting by Exempt Reporting Advisers
    B. Complete this Item 2.B. only if you are reporting to the SEC as an exempt reporting adviser. Check all that apply. You:
    (1) qualify for the exemption from registration as an adviser solely to one or more venture capital funds, as defined in rule 203(l)-1;
    (2) qualify for the exemption from registration because you act solely as an adviser to private funds and have assets under management, as defined in rule 203(m)-1, in the
    United States of less than $150 million;
    (3) act solely as an adviser to private funds but you are no longer eligible to check box 2.B.(2) because you have assets under management, as defined in rule 203(m)-1, in
    the United States of $150 million or more.
    If you check box (2) or (3), complete Section 2.B. of Schedule D.
    SECTION 2.B. Private Fund Assets
    If you check Item 2.B.(2) or (3), what is the amount of the private fund assets that you manage? $ 321002333
    NOTE: “Private fund assets” has the same meaning here as it has under rule 203(m)-1. If you are an investment adviser with its principal office and place of business outside the
    United States only include private fund assets that you manage at a place of business in the United States.
    Item 3 Form of Organization
    If you are filing an umbrella registration, the information in Item 3 should be provided for the filing adviser only.
    A. How are you organized?
    Corporation
    Sole Proprietorship
    Limited Liability Partnership (LLP)
    Partnership
    Limited Liability Company (LLC)
    Limited Partnership (LP)
    Other (specify):
    If you are changing your response to this Item, see Part 1A Instruction 4.
    B. In what month does your fiscal year end each year?
    MARCH
    C. Under the laws of what state or country are you organized?
    State Country
    United Kingdom
    If you are a partnership, provide the name of the state or country under whose laws your partnership was formed. If you are a sole proprietor, provide the name of the state or
    country where you reside.
    If you are changing your response to this Item, see Part 1A Instruction 4.
    Item 6 Other Business Activities
    In this Item, we request information about your firm’s other business activities.
    A. You are actively engaged in business as a (check all that apply):
    (1) broker-dealer (registered or unregistered)
    (2) registered representative of a broker-dealer
    (3) commodity pool operator or commodity trading advisor (whether registered or exempt from registration)
    (4) futures commission merchant
    (5) real estate broker, dealer, or agent
    (6) insurance broker or agent
    (7) bank (including a separately identifiable department or division of a bank)
    (8) trust company
    (9) registered municipal advisor
    (10) registered security-based swap dealer
    (11) major security-based swap participant
    (12) accountant or accounting firm
    (13) lawyer or law firm
    (14) other financial product salesperson (specify):
    If you engage in other business using a name that is different from the names reported in Items 1.A. or 1.B.(1), complete Section 6.A. of Schedule D.
    Yes No
    B. (1) Are you actively engaged in any other business not listed in Item 6.A. (other than giving investment advice)?
    (2) If yes, is this other business your primary business?
    If “yes,” describe this other business on Section 6.B.(2) of Schedule D, and if you engage in this business under a different name, provide that name.
    Yes No
    (3) Do you sell products or provide services other than investment advice to your advisory clients?
    If “yes,” describe this other business on Section 6.B.(3) of Schedule D, and if you engage in this business under a different name, provide that name.
    SECTION 6.A. Names of Your Other Businesses
    No Information Filed
    SECTION 6.B.(2) Description of Primary Business
    Describe your primary business (not your investment advisory business):
    If you engage in that business under a different name, provide that name:
    SECTION 6.B.(3) Description of Other Products and Services
    Describe other products or services you sell to your client. You may omit products and services that you listed in Section 6.B.(2) above.
    If you engage in that business under a different name, provide that name:
    Item 7 Financial Industry Affiliations
    In this Item, we request information about your financial industry affiliations and activities. This information identifies areas in which conflicts of interest may occur between you and
    your clients.
    A. This part of Item 7 requires you to provide information about you and your related persons, including foreign affiliates. Your related persons are all of your advisory affiliates and any
    person that is under common control with you.
    You have a related person that is a (check all that apply):
    (1) broker-dealer, municipal securities dealer, or government securities broker or dealer (registered or unregistered)
    (2) other investment adviser (including financial planners)
    (3) registered municipal advisor
    (4) registered security-based swap dealer
    (5) major security-based swap participant
    (6) commodity pool operator or commodity trading advisor (whether registered or exempt from registration)
    (7) futures commission merchant
    (8) banking or thrift institution
    (9) trust company
    (10) accountant or accounting firm
    (11) lawyer or law firm
    (12) insurance company or agency
    (13) pension consultant
    (14) real estate broker or dealer
    (15) sponsor or syndicator of limited partnerships (or equivalent), excluding pooled investment vehicles
    (16) sponsor, general partner, managing member (or equivalent) of pooled investment vehicles
    Note that Item 7.A. should not be used to disclose that some of your employees perform investment advisory functions or are registered representatives of a broker-dealer. The
    number of your firm’s employees who perform investment advisory functions should be disclosed under Item 5.B.(1). The number of your firm’s employees who are registered
    representatives of a broker-dealer should be disclosed under Item 5.B.(2).
    Note that if you are filing an umbrella registration, you should not check Item 7.A.(2) with respect to your relying advisers, and you do not have to complete Section 7.A. in
    Schedule D for your relying advisers. You should complete a Schedule R for each relying adviser.
    For each related person, including foreign affiliates that may not be registered or required to be registered in the United States, complete Section 7.A. of Schedule D.
    You do not need to complete Section 7.A. of Schedule D for any related person if: (1) you have no business dealings with the related person in connection with advisory services
    you provide to your clients; (2) you do not conduct shared operations with the related person; (3) you do not refer clients or business to the related person, and the related person
    does not refer prospective clients or business to you; (4) you do not share supervised persons or premises with the related person; and (5) you have no reason to believe that
    your relationship with the related person otherwise creates a conflict of interest with your clients.
    You must complete Section 7.A. of Schedule D for each related person acting as qualified custodian in connection with advisory services you provide to your clients (other than
    any mutual fund transfer agent pursuant to rule 206(4)-2(b)(1)), regardless of whether you have determined the related person to be operationally independent under rule
    206(4)-2 of the Advisers Act.
    SECTION 7.A. Financial Industry Affiliations
    No Information Filed
    Item 7 Private Fund Reporting
    Yes No
    B. Are you an adviser to any private fund?
    If “yes,” then for each private fund that you advise, you must complete a Section 7.B.(1) of Schedule D, except in certain circumstances described in the next sentence and in
    Instruction 6 of the Instructions to Part 1A. If you are registered or applying for registration with the SEC or reporting
    Use a separate DRP for each event or proceeding . The same event or proceeding may be reported for more than one person or entity using one DRP. File with a completed
    Execution Page.
    One event may result in more than one affirmative answer to Items 11.C., 11.D., 11.E., 11.F. or 11.G. Use only one DRP to report details related to the same event. If an event gives
    rise to actions by more than one regulator, provide details for each action on a separate DRP.
    PART I
    A. The person(s) or entity(ies) for whom this DRP is being filed is (are):
    You (the advisory firm)
    You and one or more of your advisory affiliates
    One or more of your advisory affiliates
    If this DRP is being filed for an advisory affiliate, give the full name of the advisory affiliate below (for individuals, Last name, First name, Middle name).
    If the advisory affiliate has a CRD number, provide that number. If not, indicate “non-registered” by checking the appropriate box.
    ADV DRP – ADVISORY AFFILIATE
    No Information Filed
    This DRP should be removed from the ADV record because the advisory affiliate(s) is no longer associated with the adviser.
    This DRP should be removed from the ADV record because: (1) the event or proceeding occurred more than ten years ago or (2) the adviser is registered or applying for
    registration with the SEC or reporting as an exempt reporting adviser with the SEC and the event was resolved in the adviser’s or advisory affiliate’s favor.
    If you are registered or registering with a state securities authority , you may remove a DRP for an event you reported only in response to Item 11.D(4), and only if that event
    occurred more than ten years ago. If you are registered or registering with the SEC, you may remove a DRP for any event listed in Item 11 that occurred more than ten years
    ago.
    This DRP should be removed from the ADV record because it was filed in error, such as due to a clerical or data-entry mistake. Explain the circumstances:
    B. If the advisory affiliate is registered through the IARD system or CRD system, has the advisory affiliate submitted a DRP (with Form ADV, BD or U-4) to the IARD or CRD for the
    event? If the answer is “Yes,” no other information on this DRP must be provided.
    Yes No
    NOTE: The completion of this form does not relieve the advisory affiliate of its obligation to update its IARD or CRD records.
    PART II
  27. Regulatory Action initiated by:
    SEC Other Federal State SRO Foreign
    (Full name of regulator, foreign financial regulatory authority, federal, state, or SRO)
    FINANCIAL CONDUCT AUTHORITY 12 ENDEAVOUR SQUARE, LONDON, E20 1JN.
  28. Principal Sanction:
    Revocation
    Other Sanctions:
  29. Date Initiated (MM/DD/YYYY):
    01/20/2017 Exact Explanation
    If not exact, provide explanation:
  30. Docket/Case Number:
    FRN REFERENCE NUMBER: 565008)
  31. Advisory Affiliate Employing Firm when activity occurred which led to the regulatory action (if applicable):
  32. Principal Product Type:
    Other
    Other Product Types:
    PRIVATE EQUITY FUND MANAGEMENT
  33. Describe the allegations related to this regulatory action (your response must fit within the space provided):
    NOTION CAPITAL MANAGERS LLP HAD ITS LICENCE REVOKED AFTER IT FAILED TO FILE CERTAIN FINANCIAL RETURNS WITH ITS REGULATOR. CHANGES OF OFFICE
    MEANT THAT REMINDERS DID NOT REACH THE FIRM. ON 18TH DECEMBER 2017 THE FIRM WAS RE AUTHORISED BY THE FCA.
  34. Current Status? Pending On Appeal Final
  35. If on appeal, regulatory action appealed to (SEC, SRO, Federal or State Court) and Date Appeal Filed:
    If Final or On Appeal, complete all items below. For Pending Actions, complete Item 13 only.
  36. How was matter resolved:
    Decision
  37. Resolution Date (MM/DD/YYYY):
    12/18/2017 Exact Explanation
    If not exact, provide explanation:
  38. Resolution Detail:
    A. Were any of the following Sanctions Ordered (check all appropriate items)?
    Monetary/Fine Amount: $
    Revocation/Expulsion/Denial Disgorgement/Restitution
    Censure Cease and Desist/Injunction
    Bar Suspension
    B. Other Sanctions Ordered:
    Sanction detail: if suspended, enjoined or barred, provide duration including start date and capacities affected (General Securities Principal, Financial Operations
    Principal, etc.). If requalification by exam/retraining was a condition of the sanction, provide length of time given to requalify/retrain, type of exam required and whether
    condition has been satisfied. If disposition resulted in a fine, penalty, restitution, disgorgement or monetary compensation, provide total amount, portion levied against
    you or an advisory affiliate, date paid and if any portion of penalty was waived:
    FOLLOWING THE REVOCATION OF OUR LICENCE IN JANUARY 2017 THE FCA AGREED TO RE AUTHORISE NOTION CAPITAL MANAGERS LLP
  39. Provide a brief summary of details related to the action status and (or) disposition and include relevant terms, conditions and dates (your response must fit within the space
    provided).
    FOLLOWING THE REVOCATION OF OUR LICENCE IN JANUARY 2017 THE FCA AGREED TO RE AUTHORISE NOTION CAPITAL MANAGERS LLP
    Use a separate DRP for each event or proceeding . The same event or proceeding may be reported for more than one person or entity using one DRP. File with a completed
    Execution Page.
    One event may result in more than one affirmative answer to Items 11.C., 11.D., 11.E., 11.F. or 11.G. Use only one DRP to report details related to the same event. If an event gives
    rise to actions by more than one regulator, provide details for each action on a separate DRP.
    PART I
    A. The person(s) or entity(ies) for whom this DRP is being filed is (are):
    You (the advisory firm)
    You and one or more of your advisory affiliates
    One or more of your advisory affiliates
    If this DRP is being filed for an advisory affiliate, give the full name of the advisory affiliate below (for individuals, Last name, First name, Middle name).
    If the advisory affiliate has a CRD number, provide that number. If not, indicate “non-registered” by checking the appropriate box.
    ADV DRP – ADVISORY AFFILIATE
    No Information Filed
    This DRP should be removed from the ADV record because the advisory affiliate(s) is no longer associated with the adviser.
    This DRP should be removed from the ADV record because: (1) the event or proceeding occurred more than ten years ago or (2) the adviser is registered or applying for
    registration with the SEC or reporting as an exempt reporting adviser with the SEC and the event was resolved in the adviser’s or advisory affiliate’s favor.
    If you are registered or registering with a state securities authority , you may remove a DRP for an event you reported only in response to Item 11.D(4), and only if that event
    occurred more than ten years ago. If you are registered or registering with the SEC, you may remove a DRP for any event listed in Item 11 that occurred more than ten years
    ago.
    This DRP should be removed from the ADV record because it was filed in error, such as due to a clerical or data-entry mistake. Explain the circumstances:
    B. If the advisory affiliate is registered through the IARD system or CRD system, has the advisory affiliate submitted a DRP (with Form ADV, BD or U-4) to the IARD or CRD for the
    event? If the answer is “Yes,” no other information on this DRP must be provided.
    Yes No
    NOTE: The completion of this form does not relieve the advisory affiliate of its obligation to update its IARD or CRD records.
    PART II
  40. Regulatory Action initiated by:
    SEC Other Federal State SRO Foreign
    (Full name of regulator, foreign financial regulatory authority, federal, state, or SRO)
    FINANCIAL CONDUCT AUTHORITY 12 ENDEAVOUR SQUARE, LONDON, E20 1JN.
  41. Principal Sanction:
    Revocation
    Other Sanctions:
  42. Date Initiated (MM/DD/YYYY):
    01/20/2017 Exact Explanation
    If not exact, provide explanation:
  43. Docket/Case Number:
    FRN REFERENCE NUMBER: 565008)
  44. Advisory Affiliate Employing Firm when activity occurred which led to the regulatory action (if applicable):
  45. Principal Product Type:
    Other
    Other Product Types:
    PRIVATE EQUITY FUND MANAGEMENT
  46. Describe the allegations related to this regulatory action (your response must fit within the space provided):
    NOTION CAPITAL MANAGERS LLP HAD ITS LICENCE REVOKED AFTER IT FAILED TO FILE CERTAIN FINANCIAL RETURNS WITH ITS REGULATOR. CHANGES OF OFFICE
    MEANT THAT REMINDERS DID NOT REACH THE FIRM. ON 18TH DECEMBER 2017 THE FIRM WAS RE AUTHORISED BY THE FCA.
  47. Current Status? Pending On Appeal Final
  48. If on appeal, regulatory action appealed to (SEC, SRO, Federal or State Court) and Date Appeal Filed:
    If Final or On Appeal, complete all items below. For Pending Actions, complete Item 13 only.
  49. How was matter resolved:
    Decision
  50. Resolution Date (MM/DD/YYYY):
    12/18/2017 Exact Explanation
    If not exact, provide explanation:
  51. Resolution Detail:
    A. Were any of the following Sanctions Ordered (check all appropriate items)?
    Monetary/Fine Amount: $
    Revocation/Expulsion/Denial Disgorgement/Restitution
    Censure Cease and Desist/Injunction
    Bar Suspension
    B. Other Sanctions Ordered:
    Sanction detail: if suspended, enjoined or barred, provide duration including start date and capacities affected (General Securities Principal, Financial Operations
    Principal, etc.). If requalification by exam/retraining was a condition of the sanction, provide length of time given to requalify/retrain, type of exam required and whether
    condition has been satisfied. If disposition resulted in a fine, penalty, restitution, disgorgement or monetary compensation, provide total amount, portion levied against
    you or an advisory affiliate, date paid and if any portion of penalty was waived:
    FOLLOWING THE REVOCATION OF OUR LICENCE IN JANUARY 2017 THE FCA AGREED TO RE AUTHORISE NOTION CAPITAL MANAGERS LLP
  52. Provide a brief summary of details related to the action status and (or) disposition and include relevant terms, conditions and dates (your response must fit within the space
    provided).
    FOLLOWING THE REVOCATION OF OUR LICENCE IN JANUARY 2017 THE FCA AGREED TO RE AUTHORISE NOTION CAPITAL MANAGERS LLP
    CIVIL JUDICIAL ACTION DISCLOSURE REPORTING PAGE (ADV)
    No Information Filed
    Execution Pages
    DOMESTIC INVESTMENT ADVISER EXECUTION PAGE
    You must complete the following Execution Page to Form ADV. This execution page must be signed and attached to your initial submission of Form ADV to the SEC and all
    amendments.
    Appointment of Agent for Service of Process
    By signing this Form ADV Execution Page, you, the undersigned adviser, irrevocably appoint the Secretary of State or other legally designated officer, of the state in which you
    maintain your principal office and place of business and any other state in which you are submitting a notice filing, as your agents to receive service, and agree that such persons
    may accept service on your behalf, of any notice, subpoena, summons, order instituting proceedings, demand for arbitration, or other process or papers, and you further agree that
    such service may be made by registered or certified mail, in any federal or state action, administrative proceeding or arbitration brought against you in any place subject to the
    jurisdiction of the United States, if the action, proceeding, or arbitration (a) arises out of any activity in connection with your investment advisory business that is subject to the
    jurisdiction of the United States, and (b) is founded, directly or indirectly, upon the provisions of: (i) the Securities Act of 1933, the Securities Exchange Act of 1934, the Trust Indenture
    Act of 1939, the Investment Company Act of 1940, or the Investment Advisers Act of 1940, or any rule or regulation under any of these acts, or (ii) the laws of the state in which you
    maintain your principal office and place of business or of any state in which you are submitting a notice filing.
    Signature
    I, the undersigned, sign this Form ADV on behalf of, and with the authority of, the investment adviser. The investment adviser and I both certify, under penalty of perjury under the laws
    of the United States of America, that the information and statements made in this ADV, including exhibits and any other information submitted, are true and correct, and that I am
    signing this Form ADV Execution Page as a free and voluntary act.
    I certify that the adviser’s books and records will be preserved and available for inspection as required by law. Finally, I authorize any person having custody or possession of these
    books and records to make them available to federal and state regulatory representatives.
    Signature: Date: MM/DD/YYYY
    Printed Name: Title:
    Adviser CRD Number:
    301084
    NON-RESIDENT INVESTMENT ADVISER EXECUTION PAGE
    You must complete the following Execution Page to Form ADV. This execution page must be signed and attached to your initial submission of Form ADV to the SEC and all
    amendments.
  53. Appointment of Agent for Service of Process
    By signing this Form ADV Execution Page, you, the undersigned adviser, irrevocably appoint each of the Secretary of the SEC, and the Secretary of State or other legally designated
    officer, of any other state in which you are submitting a notice filing, as your agents to receive service, and agree that such persons may accept service on your behalf, of any notice,
    subpoena, summons, order instituting proceedings, demand for arbitration, or other process or papers, and you further agree that such service may be made by registered or
    certified mail, in any federal or state action, administrative proceeding or arbitration brought against you in any place subject to the jurisdiction of the United States, if the action,
    proceeding or arbitration (a) arises out of any activity in connection with your investment advisory business that is subject to the jurisdiction of the United States, and (b) is founded,
    directly or indirectly, upon the provisions of: (i) the Securities Act of 1933, the Securities Exchange Act of 1934, the Trust Indenture Act of 1939, the Investment Company Act of 1940, or
    the Investment Advisers Act of 1940, or any rule or regulation under any of these acts, or (ii) the laws of any state in which you are submitting a notice filing.
  54. Appointment and Consent: Effect on Partnerships
    If you are organized as a partnership, this irrevocable power of attorney and consent to service of process will continue in effect if any partner withdraws from or is admitted to the
    partnership, provided that the admission or withdrawal does not create a new partnership. If the partnership dissolves, this irrevocable power of attorney and consent shall be in
    effect for any action brought against you or any of your former partners.
  55. Non-Resident Investment Adviser Undertaking Regarding Books and Records
    By signing this Form ADV, you also agree to provide, at your own expense, to the U.S. Securities and Exchange Commission at its principal office in Washington D.C., at any
    Regional or District Office of the Commission, or at any one of its offices in the United States, as specified by the Commission, correct, current, and complete copies of any or all
    records that you are required to maintain under Rule 204-2 under the Investment Advisers Act of 1940. This undertaking shall be binding upon you, your heirs, successors and
    assigns, and any person subject to your written irrevocable consents or powers of attorney or any of your general partners and managing agents.
    Signature
    I, the undersigned, sign this Form ADV on behalf of, and with the authority of, the non-resident investment adviser. The investment adviser and I both certify, under penalty of perjury
    under the laws of the United States of America, that the information and statements made in this ADV, including exhibits and any other information submitted, are true and correct,
    Use a separate DRP for each event or proceeding . The same event or proceeding may be reported for more than one person or entity using one DRP. File with a completed
    Execution Page.
    One event may result in more than one affirmative answer to Items 11.C., 11.D., 11.E., 11.F. or 11.G. Use only one DRP to report details related to the same event. If an event gives
    rise to actions by more than one regulator, provide details for each action on a separate DRP.
    PART I
    A. The person(s) or entity(ies) for whom this DRP is being filed is (are):
    You (the advisory firm)
    You and one or more of your advisory affiliates
    One or more of your advisory affiliates
    If this DRP is being filed for an advisory affiliate, give the full name of the advisory affiliate below (for individuals, Last name, First name, Middle name).
    If the advisory affiliate has a CRD number, provide that number. If not, indicate “non-registered” by checking the appropriate box.
    ADV DRP – ADVISORY AFFILIATE
    No Information Filed
    This DRP should be removed from the ADV record because the advisory affiliate(s) is no longer associated with the adviser.
    This DRP should be removed from the ADV record because: (1) the event or proceeding occurred more than ten years ago or (2) the adviser is registered or applying for
    registration with the SEC or reporting as an exempt reporting adviser with the SEC and the event was resolved in the adviser’s or advisory affiliate’s favor.
    If you are registered or registering with a state securities authority , you may remove a DRP for an event you reported only in response to Item 11.D(4), and only if that event
    occurred more than ten years ago. If you are registered or registering with the SEC, you may remove a DRP for any event listed in Item 11 that occurred more than ten years
    ago.
    This DRP should be removed from the ADV record because it was filed in error, such as due to a clerical or data-entry mistake. Explain the circumstances:
    B. If the advisory affiliate is registered through the IARD system or CRD system, has the advisory affiliate submitted a DRP (with Form ADV, BD or U-4) to the IARD or CRD for the
    event? If the answer is “Yes,” no other information on this DRP must be provided.
    Yes No
    NOTE: The completion of this form does not relieve the advisory affiliate of its obligation to update its IARD or CRD records.
    PART II
  56. Regulatory Action initiated by:
    SEC Other Federal State SRO Foreign
    (Full name of regulator, foreign financial regulatory authority, federal, state, or SRO)
    FINANCIAL CONDUCT AUTHORITY 12 ENDEAVOUR SQUARE, LONDON, E20 1JN.
  57. Principal Sanction:
    Revocation
    Other Sanctions:
  58. Date Initiated (MM/DD/YYYY):
    01/20/2017 Exact Explanation
    If not exact, provide explanation:
  59. Docket/Case Number:
    FRN REFERENCE NUMBER: 565008)
  60. Advisory Affiliate Employing Firm when activity occurred which led to the regulatory action (if applicable):
  61. Principal Product Type:
    Other
    Other Product Types:
    PRIVATE EQUITY FUND MANAGEMENT
  62. Describe the allegations related to this regulatory action (your response must fit within the space provided):
    NOTION CAPITAL MANAGERS LLP HAD ITS LICENCE REVOKED AFTER IT FAILED TO FILE CERTAIN FINANCIAL RETURNS WITH ITS REGULATOR. CHANGES OF OFFICE
    MEANT THAT REMINDERS DID NOT REACH THE FIRM. ON 18TH DECEMBER 2017 THE FIRM WAS RE AUTHORISED BY THE FCA.
  63. Current Status? Pending On Appeal Final
  64. If on appeal, regulatory action appealed to (SEC, SRO, Federal or State Court) and Date Appeal Filed:
    If Final or On Appeal, complete all items below. For Pending Actions, complete Item 13 only.
  65. How was matter resolved:
    Decision
  66. Resolution Date (MM/DD/YYYY):
    12/18/2017 Exact Explanation
    If not exact, provide explanation:
  67. Resolution Detail:
    A. Were any of the following Sanctions Ordered (check all appropriate items)?
    Monetary/Fine Amount: $
    Revocation/Expulsion/Denial Disgorgement/Restitution
    Censure Cease and Desist/Injunction
    Bar Suspension
    B. Other Sanctions Ordered:
    Sanction detail: if suspended, enjoined or barred, provide duration including start date and capacities affected (General Securities Principal, Financial Operations
    Principal, etc.). If requalification by exam/retraining was a condition of the sanction, provide length of time given to requalify/retrain, type of exam required and whether
    condition has been satisfied. If disposition resulted in a fine, penalty, restitution, disgorgement or monetary compensation, provide total amount, portion levied against
    you or an advisory affiliate, date paid and if any portion of penalty was waived:
    FOLLOWING THE REVOCATION OF OUR LICENCE IN JANUARY 2017 THE FCA AGREED TO RE AUTHORISE NOTION CAPITAL MANAGERS LLP
  68. Provide a brief summary of details related to the action status and (or) disposition and include relevant terms, conditions and dates (your response must fit within the space
    provided).
    FOLLOWING THE REVOCATION OF OUR LICENCE IN JANUARY 2017 THE FCA AGREED TO RE AUTHORISE NOTION CAPITAL MANAGERS LLP
    CIVIL JUDICIAL ACTION DISCLOSURE REPORTING PAGE (ADV)
    No Information Filed
    Execution Pages
    DOMESTIC INVESTMENT ADVISER EXECUTION PAGE
    You must complete the following Execution Page to Form ADV. This execution page must be signed and attached to your initial submission of Form ADV to the SEC and all
    amendments.
    Appointment of Agent for Service of Process
    By signing this Form ADV Execution Page, you, the undersigned adviser, irrevocably appoint the Secretary of State or other legally designated officer, of the state in which you
    maintain your principal office and place of business and any other state in which you are submitting a notice filing, as your agents to receive service, and agree that such persons
    may accept service on your behalf, of any notice, subpoena, summons, order instituting proceedings, demand for arbitration, or other process or papers, and you further agree that
    such service may be made by registered or certified mail, in any federal or state action, administrative proceeding or arbitration brought against you in any place subject to the
    jurisdiction of the United States, if the action, proceeding, or arbitration (a) arises out of any activity in connection with your investment advisory business that is subject to the
    jurisdiction of the United States, and (b) is founded, directly or indirectly, upon the provisions of: (i) the Securities Act of 1933, the Securities Exchange Act of 1934, the Trust Indenture
    Act of 1939, the Investment Company Act of 1940, or the Investment Advisers Act of 1940, or any rule or regulation under any of these acts, or (ii) the laws of the state in which you
    maintain your principal office and place of business or of any state in which you are submitting a notice filing.
    Signature
    I, the undersigned, sign this Form ADV on behalf of, and with the authority of, the investment adviser. The investment adviser and I both certify, under penalty of perjury under the laws
    of the United States of America, that the information and statements made in this ADV, including exhibits and any other information submitted, are true and correct, and that I am
    signing this Form ADV Execution Page as a free and voluntary act.
    I certify that the adviser’s books and records will be preserved and available for inspection as required by law. Finally, I authorize any person having custody or possession of these
    books and records to make them available to federal and state regulatory representatives.
    Signature: Date: MM/DD/YYYY
    Printed Name: Title:
    Adviser CRD Number:
    301084
    NON-RESIDENT INVESTMENT ADVISER EXECUTION PAGE
    You must complete the following Execution Page to Form ADV. This execution page must be signed and attached to your initial submission of Form ADV to the SEC and all
    amendments.
  69. Appointment of Agent for Service of Process
    By signing this Form ADV Execution Page, you, the undersigned adviser, irrevocably appoint each of the Secretary of the SEC, and the Secretary of State or other legally designated
    officer, of any other state in which you are submitting a notice filing, as your agents to receive service, and agree that such persons may accept service on your behalf, of any notice,
    subpoena, summons, order instituting proceedings, demand for arbitration, or other process or papers, and you further agree that such service may be made by registered or
    certified mail, in any federal or state action, administrative proceeding or arbitration brought against you in any place subject to the jurisdiction of the United States, if the action,
    proceeding or arbitration (a) arises out of any activity in connection with your investment advisory business that is subject to the jurisdiction of the United States, and (b) is founded,
    directly or indirectly, upon the provisions of: (i) the Securities Act of 1933, the Securities Exchange Act of 1934, the Trust Indenture Act of 1939, the Investment Company Act of 1940, or
    the Investment Advisers Act of 1940, or any rule or regulation under any of these acts, or (ii) the laws of any state in which you are submitting a notice filing.
  70. Appointment and Consent: Effect on Partnerships
    If you are organized as a partnership, this irrevocable power of attorney and consent to service of process will continue in effect if any partner withdraws from or is admitted to the
    partnership, provided that the admission or withdrawal does not create a new partnership. If the partnership dissolves, this irrevocable power of attorney and consent shall be in
    effect for any action brought against you or any of your former partners.
  71. Non-Resident Investment Adviser Undertaking Regarding Books and Records
    By signing this Form ADV, you also agree to provide, at your own expense, to the U.S. Securities and Exchange Commission at its principal office in Washington D.C., at any
    Regional or District Office of the Commission, or at any one of its offices in the United States, as specified by the Commission, correct, current, and complete copies of any or all
    records that you are required to maintain under Rule 204-2 under the Investment Advisers Act of 1940. This undertaking shall be binding upon you, your heirs, successors and
    assigns, and any person subject to your written irrevocable consents or powers of attorney or any of your general partners and managing agents.
    Signature
    I, the undersigned, sign this Form ADV on behalf of, and with the authority of, the non-resident investment adviser. The investment adviser and I both certify, under penalty of perjury
    under the laws of the United States of America, that the information and statements made in this ADV, including exhibits and any other information submitted, are true and correct,
    and that I am signing this Form ADV Execution Page as a free and voluntary act.
    I certify that the adviser’s books and records will be preserved and available for inspection as required by law. Finally, I authorize any person having custody or possession of these
    books and records to make them available to federal and state regulatory representatives.
    Signature:
    B LAWSON
    Date: MM/DD/YYYY
    04/20/2020
    Printed Name:
    B LAWSON
    Title:
    COMPLIANCE COUNSEL
    Adviser CRD Number:
    301084

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